{"id":7755,"date":"2014-12-12T07:34:04","date_gmt":"2014-12-12T07:34:04","guid":{"rendered":"https:\/\/ft-agency.com\/wordpress\/?p=7755"},"modified":"2014-12-12T07:34:04","modified_gmt":"2014-12-12T07:34:04","slug":"singapore-host-bona-us100mn-china-filmtv-fund","status":"publish","type":"post","link":"https:\/\/ft-agency.com\/wordpress\/singapore-host-bona-us100mn-china-filmtv-fund\/","title":{"rendered":"Singapore to host Bona US$100MN China Film\/TV fund"},"content":{"rendered":"<div class=\"article-info muted\">\n<dl class=\"article-info\">\n<dd class=\"createdby\">By Rebecca Hawkes<\/dd>\n<\/dl>\n<\/div>\n<div class=\"body_article1\">\n<div class=\"intro_text\">\n<p>A US$100 million media fund to enhance China&#8217;s entertainment industry has been unveiled at the Singapore Media Festival.<\/p>\n<\/div>\n<div class=\"full_text\">\n<p>A memorandum of understanding has been signed by Yu Dong, founder of private equity company Tembusu and chairman of China&#8217;s NASDAQ-listed <a href=\"https:\/\/www.bonafilm.cn\/\" target=\"_blank\">Bona Film<\/a>; Singapore private equity firm Tembusu Partners; and local media entrepreneur Calvin Cheng.<\/p>\n<p><span style=\"color: #ff0000;\"><strong><em>FTA can act as your Hollywood Celebrity Agency and help you contact book any Hollywood<a title=\"more info\" href=\"https:\/\/ft-agency.com\/wordpress\/celebrities\" target=\"_blank\">\u00a0Celebrities<\/a><\/em><\/strong><\/span><\/p>\n<p>The Minister for Culture, Community and Youth and the Second Minister for Communications and Information, Lawrence Wong, was also present at the event.<\/p>\n<p>The Singapore-based private equity media fund will use the country&#8217;s legal framework and status as a financial hub to attract external investors. Anchor investors are expected to include Bona Film Group and Thailand&#8217;s Chia Tai Group when the closed-end five-year fund is formalised on 31 March 2105.<\/p>\n<p><strong><em><span style=\"color: #ff0000;\">FTA can act as your Chinese Celebrity Agency and help you contact book any\u00a0<\/span><a title=\"more info\" href=\"https:\/\/ft-agency.com\/wordpress\/celebrities\" target=\"_blank\"><span style=\"color: #ff0000;\">Chinese Celebrity<\/span><\/a><\/em><\/strong><\/p>\n<p>&#8220;Singapore is the perfect place to launch this fund as it is not only a financial capital of the world, but also as the place where East meets West. This fund will allow foreign investors to participate in the fastest growing media and entertainment market in the world,&#8221; said Yu Dong.<\/p>\n<p>&#8220;China&#8217;s media and entertainment industry is forecast to overtake Japan&#8217;s by 2018, and become the second largest in the world, behind only the US. It is already the second largest film market in the world, and China&#8217;s TV industry is set to surpass the UK and Germany by 2016 to also become the second largest behind the UK. This phenomenal growth in <a href=\"https:\/\/variety.com\/2013\/biz\/news\/is-china-outgrowing-hollywood-1200605567\/\" target=\"_blank\">China <\/a>will create many exciting investment opportunities.&#8221;<\/p>\n<p><span style=\"color: #ff0000;\"><strong><em>FTA can provide funding for overseas projects with A-list celebrities attached<\/em><\/strong><\/span><\/p>\n<p>Calvin Cheng, formerly a Nominated Member of Parliament (NMP), added: &#8220;I am excited about the establishment of this fund in Singapore and the boost it will bring to Singapore&#8217;s media industry. The existing film and TV co-production agreement between Singapore and China opens up opportunities for the fund to invest in projects that involve Singapore-based media companies. In addition, we will be looking at media companies globally that have a &#8216;China-story&#8217;; with the convergence of traditional media with the Internet, there will be many exciting new opportunities that will emerge from the vast Chinese landscape, and we will be looking to invest in the best of them. &#8221;<\/p>\n<p><span style=\"color: #ff0000;\"><strong><em>FTA is looking to option scripts for Chinese production companies<\/em><\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/ft-agency.com\/wordpress\/wp-content\/uploads\/2014\/12\/001ec9790963152ecb1d03.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-thumbnail wp-image-7756\" src=\"https:\/\/ft-agency.com\/wordpress\/wp-content\/uploads\/2014\/12\/001ec9790963152ecb1d03-150x150.jpg\" alt=\"Singapore to host fund for Bona\" width=\"150\" height=\"150\" srcset=\"https:\/\/ft-agency.com\/wordpress\/wp-content\/uploads\/2014\/12\/001ec9790963152ecb1d03-150x150.jpg 150w, https:\/\/ft-agency.com\/wordpress\/wp-content\/uploads\/2014\/12\/001ec9790963152ecb1d03-200x200.jpg 200w, https:\/\/ft-agency.com\/wordpress\/wp-content\/uploads\/2014\/12\/001ec9790963152ecb1d03-160x160.jpg 160w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a><\/p>\n<\/div>\n<\/div>\n<p>Source:\u00a0<a title=\"Singapore to host Chinese Movie Fund\" href=\"https:\/\/www.rapidtvnews.com\/2014121136394\/singapore-to-host-us-100mn-fund-for-chinese-tv-film-industry.html#axzz3LfKZIU57\">https:\/\/www.rapidtvnews.com\/2014121136394\/singapore-to-host-us-100mn-fund-for-chinese-tv-film-industry.html#axzz3LfKZIU57<\/a><\/p>\n<p>Celebrity booking agency in China &amp; Overseas film consulting services<\/p>\n<p>Singapore US$100MN fund,\u00a0Chinese Celebrity booking, Hollywood Celebrity in China, Hollywood agent in China, Investment, scripts, consulting, \u5916\u6a21, \u5916\u7c4d\u6f14\u5458, \u5916\u56fd\u827a\u4eba<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Rebecca Hawkes A US$100 million media fund to enhance China&#8217;s entertainment industry has been unveiled at the Singapore Media Festival. A memorandum of understanding has been signed by Yu Dong, founder of private equity company Tembusu and chairman of China&#8217;s NASDAQ-listed Bona Film; Singapore private equity firm Tembusu Partners; and local media entrepreneur Calvin [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7756,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[157,240,189,193,236,237,247,248,78,82],"class_list":["post-7755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-chinese-celebrity-booking","tag-consulting","tag-hollywood-agent-in-china","tag-hollywood-celebrity-in-china","tag-investment","tag-scripts","tag-singapore-us100mn-fund","tag-248","tag-78","tag-82"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Singapore to host Bona US$100MN China Film\/TV fund - 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