Singapore Stakes Rise
2 April, 2014
The Singapore Turf Club has announced the good news that we knew was coming - stakes have been increased by quite some margin - it is a great tme to be invlved in racing a horse with Te Akau in Singapore.
Remember that we have two striking colts that make up our "Straight to Singapore" Syndicate - NO GST is payable as they will be exported - a 10% share is $20,000 and a 5% share is just $10,000.
This story courtesy of the Singapore Turf Club:
As from 1 April 2014, the Singapore Turf Club will increase prizemoney for selected races.
The various increases are aimed at encouraging owners and trainers to target the importation of younger and better quality horses as well as ensuring that the majority of horses in Singapore have the opportunities to compete for higher prizemonies.
Benchmark races and other ad hoc races will be allocated the appropriate prizemoney in accordance with current policies.
The increases are as follows:
Class/Type of Races Former Prizemoney New Prizemoney Increase
Class 2/Kranji Stakes B $95,000 $100,000 $ 5,000
Class 3/Kranji Stakes C/Progress $75,000 $ 80,000 $ 5,000
Class 4 $55,000 $ 60,000 $ 5,000
Kranji Stakes D $35,000 $ 38,000 $ 3,000
Restricted Maiden/2yo Open $65,000 $ 75,000 $10,000
Novice/Graduation $65,000 $ 75,000 $10,000
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