One of Australia's
most established and reputable racehorse syndicators PROVEN THOUROUGHBREDS,
headed by the respected Jamie Walter, has joined forces with Asian-focused Queensland
stud farm, Aquis Farm, to establish Aquis
Sino Proven Chinese Syndications .
This exciting new syndication business will be focused on
the emerging Chinese language speaking community in Australia and
abroad, particularly in China and Hong Kong. It will combine the
extensive experience and professionalism of the
Proven Thoroughbreds' syndication business with the contacts,
knowledge and networks of the Aquis Farm business to create a unique
syndication opportunity that:
*produces alldocumentation and writtencommunications in the
Chineselanguage
*produces weeklyreports in spoken Mandarin
*provides secure and easy paymen tfacilities for international transactions
*utilises traditional Feng Shui principals in the selection of
racing colours and horse names
*holds owner functions and events in a way tha tallows Chinese
speaking owners to get to know their horse and the industry to the
fullest effect.
ProvenThoroughbreds Proprietor Jamie Walter said "All the Chinese
syndicate horses will be prepared by leading trainers in Australia. 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, said"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."
Fung went on to say that,"We cannot expect every new investor
to be a billionaire or to dip his toe in the water with multi-million dollar
investments. Rather, our aim with this joint venture istofacilitate
ahigh number of new entrants into themarket, gaining
an opportunity to experience the
wonderful Australian Racing Industry product, whilst also and
most importantly developing trust in Australian players -
with positive experience and trust will come much bigger investments."
"We believe we have the syndication partner who can take a long
term view of this opportunity and seek to develop it with the long term game in
mind. Aquis Farm will take a strong interest in each horse to
be syndicated by Aquis Sino
Proven Chinese Syndications to ensure our interests are aligned
with our clients and thereby encourage the growth and prosperity of
their interest and investment." said Fung when seeking to
partner with Jamie Walter and Proven Thoroughbreds.
Walter commented that, "In Australian racing, we have a top-class product
combining buoyant racing with a burgeoning, world renowned breeding industry.
As a syndicator, I'm excited to join with Aquis Farm in presenting Australian
Racehorse Ownership to the greater Chinese market. We've seen some big
international players investing here in recent years but this is principally
aimed at developing interest from the broader Chinese speaking community.
Introducing a whole new group of owners to the Australian Horse Racing Industry
and in a Chinese friendly way, is a challenging, though alluring prospect."
Proven Thoroughbreds is one of the most experienced and enduring syndicators in
the Australian market having commenced in 2001. Originally centred exclusively
on the Warwick Farm stable of Jamie's brother, the late Guy Walter, the Proven Thoroughbreds
team now has 70 horses trained in four states and has produced Group winners
like Sir Moments, Tremec and Adorabeel in recent seasons.
Aquis Farm is the exciting and dynamic premier thoroughbred breeding and racing
facility with a vision and distinct focus on the Asian sector - the golden
future of the Australian horse racing and breeding industry. Aquis Farm's rapid
impact on the industry is largely a labour of love reflecting the Fung family's
passion for the sport.
The new joint venture will be active at all yearling sales in 2017
commencing at the Magic Millions January Sale and will be
seeking, initially, moderately priced colts and fillies as part of the new
venture.