30 Sep '16, 11am

Singapore's @ONEChampionship seeking US$1 billion IPO within 3 years

Singapore's @ONEChampionship seeking US$1 billion IPO within 3 years

SINGAPORE: Asia's top mixed martial arts promoter said he has introduced world-leading safety procedures to prevent another death in the competition, as it prepares for an intended billion-dollar stock market listing. The death of a dehydrated Chinese fighter before a ONE Championship bout last year underlined safety fears about the fast-growing sport, which is rapidly moving into the mainstream. But ONE chairman and founder Chatri Sityodtong told AFP that the competition had moved to prevent another tragedy by introducing the "world's safest" procedures to stop the dangerous practice of pre-fight weight-cutting. "We now have the world's safest weight-cut procedure and policy for any MMA organisation," Chatri said in an interview in Singapore. "I'm very confident that our safety regulations are among the best in the world," he added. "Can I predict that there'll be no more...

Full article: http://www.channelnewsasia.com/news/sport/mma-one-champio...

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