SG's ONE Championship issues new shares worth $174m valuing MMA organiser at $1.2b

Chatri Sityodtong, founder and chairman of ONE Championship

Singapore-based mixed martial arts promoter ONE Championship has issued new shares worth S$238.9 million ($174 million), recent regulatory filings show.

Following the fresh issue of shares, ONE’s valuation stands at S$1.6 billion ($1.2 billion), according to DealStreetAsia – DATA VANTAGE calculations based on the company’s filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter