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 Fagerdala, 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."ONE Championship hopes the new investment will help them close in on the lofty ambitions laid out by CEO Victor Cuit last month."In the next 12 to 18 months, ONE Championship will cross the $1 billion valuation mark, and expects an IPO in the next couple of years," Cui said. "My goal by 2018 is to be doing one event every weekend of the year so that when people turn on their TV on a Friday night, they know that it's time for ONE Championship."Cui also said in the interview that ONE has plans to expand further into China, as well as bring the promotion to new countries and cities like they had done earlier in the year when they ran an event in Bangkok, Thailand, for the first time.Just 24 hours earlier, ONE announced its lineup for the rest of the year, which will include the following dates and destinations:August 13 - Cotal Arena, Macau, ChinaAugust 27 - JCC, Jakarta, IndonesiaSeptember 2 - Negara Stadium, Kuala LumparOctober 7 - Thuwunna Indoor Stadium,YangonNovember 11 - Sinagpore Indoor Stadium, SingaporeDecember 2 - Mall of Asia Arena, ManilaDecember 17 - Impact Arena, BangkokAn official announcement of the investment is expected in the early hours of Wednesday morning in Singapore.