Finances: Is Evolve MMA really worth $360 million?
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Anton Tabuena
Recently Bloody Elbow examined the finances for ONE Championship, utilizing filings with the Accountant and Corporate Regulation Authority, which is Singapore’s version of United State’s Security and Exchange Commission. Since other noteworthy MMA entities have filed with ACRA we thought it might be worthwhile to take a look at the financial statements for Evolve MMA, as well as relate an interesting transaction involving their shareholders.
The Evolve Group Pte Ltd, the corporate entity that does business as Evolve MMA, was founded by Chatri Sityodtong. Chatri is also the founder and CEO of ONE Championship. Where as ONE is mostly thought of as a promotion, Evolve bills itself as being “Asia’s #1 mixed martial arts gym.”
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An anaesthesiologist, who is a director of a clinic at the two Mount Elizabeth hospitals, claimed trial yesterday to four charges of molesting a woman.
Yeo Sow Nam, 52, is accused of committing the offences on the 12th storey of the hospital in Orchard Road on the evening of Oct 9, 2017. He is represented by lawyers Eugene Thuraisingam, Chooi Jing Yen and Johannes Hadi.
Court documents said Yeo allegedly performed acts such as gripping the 32-year-old woman s breasts with his hands and squeezing her waist with his hand. He is also accused of pulling her towards him and kissing her on the head.
XP POWER LTD - Annual Results for the year ended 31 December 2020
PR Newswire
Annual Results for the year ended 31 December 2020
XP Power, one of the world s leading developers and manufacturers of critical power control solutions for the Industrial Technology, Healthcare and Semiconductor Manufacturing Equipment sectors, announces its annual results for the year ended 31 December 2020.
2020
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For details on adjusted measures refer to note 4 and note 5 of the consolidated financial statements.
Strong growth in order intake and revenue driven by the recovery in the Semiconductor Manufacturing Equipment sector and demand from our Healthcare customers as they increased supply of critical care devices for the treatment of COVID-19, offsetting weakness in Industrial Technology sector.
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