STARHUB will take a 9.05 per cent stake in Catalist-listed film and TV content producer mm2 Asia for S$18.04 million, the telco announced after the market closed on Tuesday. StarHub has been partnering mm2 Asia since 2012, through successful investments in the Ah Boys To Men and Lion Men movie series which were co-produced by mm2 Asia. The two companies are currently collaborating on Hear Me Sing, an online Chinese singing competition to be launched in April, presented by StarHub and produced by mm2 Asia. StarHub chief Tan Tong Hai said: "Taking a stake in mm2 is a strategic move. It unlocks opportunities to expand our pay TV offerings through original content creation that will set us apart in the cluttered content space." mm2 can also potentially extend the reach of the telco's localised content through marketing and distribution efforts beyond Singapore, he added.