Sophisticated Investor Profile: Timothy Mou En-Kuang

Having friends in an industry you’re looking to invest in can be a great help when you invest in stocks. Case in point: Mr Timothy Mou En-Kuang. Mr Mou and Mr Melvin Ang (whom we’ve featured in one of Spiking’s Sophisticated Investor Profiles), executive chairman and CEO of mm2 Asia, say they have known each other for many years. That relationship has led to Mr Mou’s purchase of 10 million vendor shares of mm2 in the middle of last month at SGD0.485 per share.

An Entertainment Institution

As the manager of leading Chinese actress, Miss Fan Bingbing, and co-founder of the Fan Bingbing Studio, Mr Mou is one of the leading figures in China’s entertainment industry. Miss Fan is the fifth highest paid actress in the world in 2016 according to Forbes, making even more than Julia Roberts or Charlize Theron.

Mr Mou is also CEO of Wuxi Ai-mei-shen & TV Cultural, as well as Wuxi Talent Cultural Media, a joint venture between Ai-mei-shen and Zhejiang Talent Film & TV. Wuxi Talent Cultural Media produced the latest RMB 500 million-TV drama series, “Win the World”, starring Fan Bingbing who is also the show’s executive producer.

Mr Mou’s purchase of 0.95% of mm2 is seen to boost mm2 Asia’s presence in North Asia, and to strengthen the working relationship between himself and Mr Ang. Since 2008, Singapore-based mm2 was behind more than 80 films all over Asia including the popular “Ah Boys to Men” and “Long Long Time Ago”. It has also distributed titles from other countries such as “The Journey” from Malaysia and “Café. Waiting. Love” from Taiwan. mm2 was the first Singaporean film company to list on the SGX.

Both Mr Mou and Mr Ang say they look forward to working with each other to take advantage of the many opportunities to grow mm2 in and around China. PwC’s “China entertainment and media outlook 2015–2019” notes that China’s entertainment and media industry is forecast to rise at a compound annual growth rate of 10%, compared to the global rate of 5.1%.

Follow the investing action of Mr Mou at https://spiking.com/v/timothymouenkua, and the latest updates from mm2 Asia at https://spiking.com/sgx/1b0-mm2-asia-ltd. For the latest buying and selling activities of your favourites among 11,000 blue whale investors, and every stock spiking at the SGX, download the Spiking app from the App Store or Google Play today. For the hottest stock market headliners of the week, subscribe to the Spiking Weekly Letter now.

Sources:
https://blog.spiking.com/case-study-mm2-asia-pte-ltd-507beba4b1df#.715qmxm60
http://infopub.sgx.com/FileOpen/mm2%20media%20release%20-%20Sale%20of%2010%20million%20vendor%20shares.ashx?App=Announcement&FileID=436230
https://www.dramafever.com/news/fan-bing-bing-ranks-as-5th-highest-paid-actress-in-the-world/%7B%5B%7Bnotification.object.url%7D%5D%7D
http://www.pwccn.com/webmedia/doc/635775886983165765_cn_em_outlook_2015_2019.pdf