mm2 partners SPH to operate lifestyle, entertainment and news portal

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SINGAPORE (March 28): mm2 Asia announced it has entered into a binding term sheet with Singapore Press Holdings (SPH) to establish a joint venture (JV) company to engage in digital editorial and video content creation.

mm2 and SPH will be operating a lifestyle, entertainment and news portal under the AsiaOne brand.

The JV company will have a paid-up capital of S$1 million, with mm2 holding a 51% equity interest in...(click on link for full story on theedgesingapore.com)