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Kennewell Racing
Pty Ltd is continuing Gary Kennewell’s successful multiple ownership
syndicates in 2006.
One-tenth
shares in horses are available, and we keep things simple:
• All net prize-money won and the proceeds of any sale are divided
proportionately between members.
• Our owners are welcome to visit the yard to see their horses in training.
• We can often obtain complimentary owners’ badges for our members.
• There is no limit to the number of shares an individual, or group of
people, can hold.
Once a tenth share has been purchased training fees are $5.50 per day. A discount of 5 per cent is offered for a full
year’s payment in advance.
There will be little more to pay, other than in exceptional circumstances
such as unusual veterinary bills.
It is the responsibility of each individual member to sell their share if
they wish to leave the syndicate. (Naturally, we would assist with this as
far as possible.)
If payments
are not received for two successive months the share will be deemed to have
lapsed, and will be lost with no refund or prize share due.
Interested? Contact Gary, Lloyd or Cary on 08 8294 5070.
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