The VCC is under Hildrics Capital, whose CEO Choo Kee Siong is a former managing director with UOB's commercial banking group. Wee Teng Chuen, a son of UOB CEO Wee Ee Cheong, is an executive director and COO of the firm.
Hildrics Asia Growth Fund VCC has entered into a term sheet to support beleaguered entertainment company mm2 Asia by investing $15 million via a placement.
Hildrics Capital is an existing investor in businesses related to mm2 Asia.
