VarietyAsiaOnline.com
3 Apr 2008
HONG KONG – Japanese production shingle Entertainment Farm has unwrapped plans to launch a film investment fund that will be located in Singapore.
Fund will begin raising $30-50 million from Asian investors over the next three months. It plans to invest in a slate of movies produced in Asia and the U.S.
Announcement was timed to coincide with the screening of the Entertainment Farm-produced "The Princess of Nebraska" by Wayne Wang, as opening movie of the Singapore International Film Festival. Fest unspools Friday and runs through April 14.
Fund will be launched to investors through a new Singapore-registered unit Entertainment Farm Pte. Ltd with projects brought to it by Entertainment Farm's managing director of int'l, Yukie Kito and green-lighted by Entertainment Farm topper Yasushi Kotani.
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