Asia Media & Technology Capital Management, which has a $500m fund investing in media and technology in Asia, primarily China, signs MoU with network operator.
Asia Media & Technology Capital Management (AMTC), a Singapore-based asset manager, has signed a memorandum of understanding with content provider China Information Business Network (CIBN) to make venture investments in China.
The deal was struck last week as part of a delegation from Singapore’s Media Development Authority to China.
AMTC manages the $500m Asia Media & Technology Capital Fund, which invests in media and technology companies in Asia with partial Singapore government backing, with a particular emphasis on China, according…