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May 30, 2012

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Barclays pulls out of 'Asia's major'

SINGAPORE Open organizers searched for a new backer yesterday after title sponsor Barclays pulled out, raising questions about the future of a tournament billed as "Asia's major".

Officials said this November's US$6 million tournament, which is one of the region's richest golf events, was not in doubt after the British bank decided not to extend its current contract. "The Barclays Singapore Open will go ahead this year as scheduled," said a spokesman for the Asian Tour, which co-sanctions the Singapore Open along with the European Tour.

 

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