New Syndication Company Launched
1 year ago |
Proven Thoroughbreds has joined forces with Aquis Farm to form Aquis Sino Proven Chinese Syndications. This new syndication business will be focused on the emerging Chinese language speaking community in Australia and abroad, particularly in China and Hong Kong.
“All the Chinese syndicate horses will be prepared by leading trainers in Australia," said Proven Thoroughbreds' Jamie Walter.
"They will be personally managed by myself and the Aquis Farm team to ensure this first experience of horse ownership for the Chinese will be of a high standard to hopefully increase the prospect of re-investment in the Australian Racing Industry over time. Whilst syndicate shares will be available to all, the underlying focus of this aspect of our business will be to attract initial interests from new players in the Chinese speaking community both here and abroad.”
Justin Fung, CEO of Aquis Farm, added: “There are some incredibly big players from China investing in our industry, however, they are like the microscopic tip of an iceberg and we want with this venture to attract the masses rather than the elite.”
The new venture will be purchasing yearlings this year beginning at this week's Magic Millions Gold Coast Yearling Sale.
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