MDA To Sponsor US$2.5 Million For Korean Monster Movie Sequel

ScreenDaily.com, 22 Jul 2009, Jean Noh
Singaporean production company Boku Films has signed an MOU with Korea’s Chungeorahm to co-produce and invest $5m in the Korean sequel to hit monster movie The Host.
Chungeorahm CEO Choi Yong-bae signed the deal with Boku Films head Kelvin Tong last night at the Puchon International Fantastic Film Festival (PiFan) during the Network of Asian Fantastic Films (NAFF) Singapore Spotlight event.
Also present was Kenneth Tan, head of Singapore’s Media Development Authority (MDA), which will contribute 50% or $2.5m of Boku Films’ investment.
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Related:
'Host 2' gets Singapore backer - Hollywoodreporter.com