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One Championship says IPO always part of its strategy
Hua Fung Teh, co-founder and group president of One Championship, said Wednesday that an initial public offering (IPO) has been part of the company’s strategy.
During the Reuters Next Asia summit in Singapore, Teh said the company has been in talks with stock exchanges in both Asia and the West regarding a potential listing.
Group One Holdings, the parent company of One Championship, had proposed a US public listing in 2022 as part of its global growth strategy.
One Championship is recognized as Asia’s largest sports media entity, according to audience measurement firm Nielsen.
🔗 Source: Reuters
Recent One Championship developments
Update: (July 10, 11:18 a.m. SGT): This article was updated to clarify Teh’s remarks in which he said the company had been in conversations with stock exchanges, instead of having ongoing talks.
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