Singapore’s mm2 Entertainment today at Filmart is announcing a partnership with Hong Kong’s Smart Limited to co-produce at least two films a year.

The films will be shot in Hong Kong, with partial financing from China. Hong Kong actor Ha Yu will oversee the partnership.

The first film, produced by Ha, will be heartwarming comedy ATM (working title), due to go into production this August.

The second feature will be horror film Black Magic, based on actual events, to start shooting in October.

Established in 2009, mm2 Entertainment produces and distributes films in Southeast Asia and has offices in Beijing and Shanghai as well. The company has recently seen success with Jack Neo’s Ah Boys To Men 1& 2 [pictured], the second of which at SG$8m is the highest-grossing local film in Singapore to date.Both films were funded under Singapore’s Media Development Authority’s Production Assistance grant.