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http://www.flocombat.com/article/43...to-receive-tens-of-millions-in-new-investment
Hot on the heels of the UFC sale, Asia-based MMA promotion ONE Championship is set to receive an investment from a group led by Singapore's state investment firm Temasek Holdings Private Ltd., according to a report published by NASDAQ today.
Heliconia Capital Management Private Ltd., a separate investment division within Temasek that invests in Singapore-based small- and medium-enterprise businesses, is heading the consortium of investors.
Other businesses in the Heloconia portfolio include erdala, an end-to-end packaging solution, and FNA Group International, a leading distributor and retailer of premier chocolate and confectionery products among others.
The news was announced by ONE's founder and chairman Chatri Sityodtong in an interview earlier today, when he revealed the promotion would receive investment in the region of "tens of millions of dollars."