About Us
General Information
Members
Australian Syndication
Singapore
Singapore Syndication
Horses in Work
Stallion Management
Authorised Representatives
Links
News
Contact Us
  At a Glance »



HORSES FOR SYNDICATION - CLICK HERE

Horse Racing Syndicates promoted by Sire Custodians (S) Pte Ltd  typically comprise:-

10 shares;    20 shares;    or      50 shares.

A  Product Disclosure Statement (PDS) for each Syndicate being promoted by Sire Custodians (S) Pte Ltd is available upon request  for the consideration of prospective purchasers when deciding whether or not to acquire shares.

All Syndicates promoted by Sire Custodians (S) Pte Ltd are also fully managed by Sire Custodians (S) Pte Ltd for the life of each syndicate.

All shareholder contributions during the life of each syndicate are banked to the Syndicate Escrow Account and remain the property of shareholders until expended on syndicate expenses (agistment, training and racing, veterinary etc). Any surplus remaining in the Syndicate Escrow Account upon termination of a syndicate is returned to Shareholders.

All prize money cheques are banked to the Syndicate Escrow Account and distribution to shareholders pro rata as dividends made bi-annually if >SGD500.

Sire Custodians (S) Pte Ltd monitors and regularly reviews all syndicate expenses to ensure charges are fair and reasonable and that shareholders receive value for money from all service providers/contractors to each syndicate, including training fees charged by each syndicate trainer.

A full set of current Financial Accounts for each Syndicate is maintained by Sire Custodians (S) Pte Ltd and is subject to annual independent external audit. Copies of the audited annual accounts are forwarded to all Shareholders.

The estimated accounting and audit fees detailed in each Syndicate (PDS) are for services required by each Syndicate in order to satisfy the requirements of STC/MRA relating to Horse Racing Syndicates.

Sire Custodians (S) Pte Ltd is committed to the ongoing professional management of each of its Horse Racing Syndicates, including the relationship of the shareholders in each syndicate with their trainer, in order to ensure that Shareholders receive maximum value and enjoyment from their investment. To that end, Sire Custodians (S) Pte Ltd seeks to avoid any potential conflict of interest between Shareholders and their trainer by prefering that the trainers of our syndicated horses do not participate as shareholders in their ownership.

Sire Custodians (S) Pte Ltd selects its trainers from the very best of them, and the ones which we consider will best service the needs of Shareholders.

Why do we charge management fees?

Because the services we provide in order to ensure that the syndicates we promote and manage are successful demand time, effort and resources. We consider our management fees to be fair and reasonable for the services we provide. We also get a 4% performance fee from the net prizemonies received for the success of a horse on the racetrack. We are committed to treating all shareholders equally and to managing each syndicate in the best interests of all shareholders. Furthermore, we consider we have the expertise and industry experience to maximise both the level of enjoyment and racetrack success you will derive from participating in one or more of our syndicates.