[Updated] ONE Championship generated $341m profit in FY2020 from asset sale to subsidiary

[Updated] ONE Championship generated $341m profit in FY2020 from asset sale to subsidiary

Photo: ONE Championship website

Editor’s Note: This article has been updated to include additional information and independent verification of ONE’s financials. The updated version also adds that the resignation of two Temasek-linked directors from One Championship earlier in the year was related to its listing plans.