ADT: Aboitiz Invitational returns with increased prize fund

Tue 15 Jul 2014

ADT: Aboitiz Invitational returns with increased prize fund

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Manila, July 15: The Aboitiz Invitational will make its return onto the Asian Development Tour (ADT) Schedule in August with an increased prize fund of US$100,000, officials announced today.
The fourth edition of the event will be staged at the Riviera Golf and Country Club’s Couples Course for the first time from August 27 to 30, with the prize pot seeing a significant 53.8 per cent jump from US$65,000, which was offered during the last three editions since 2011.
The Aboitiz Invitational, won previously by local heroes Elmer Salvador and Jay Bayron, will mark the ADT’s third stop in the Philippines this season and raises the schedule to a record total of 20 tournaments.
The ADT, which is the gateway to the premier Asian Tour, was launched in 2010 with five tournaments before growing to eight in 2011, 13 in 2012 and 16 in 2013.
Salvador, who claimed his third ADT victory at the Riviera Golf and Country Club’s Langer course in May, played his way into the record books by becoming the first player to successfully defend a title on the ADT at the Aboitiz Invitational last year.
The tournament is once again poised to attract leading Filipino stars such as Angelo Que, who is a three-time Asian Tour winner, Antonio Lascuna, young gun Miguel Tabuena, 2012 ADT Order of Merit winner Bayron and defending champion Salvador, who will compete against an international field from the ADT.
Erramon I. Aboitiz, President and Chief Executive Officer of Aboitiz Equity Ventures, Inc., expressed his delight with the extended partnership with the burgeoning ADT.
“The first three editions of the Aboitiz Invitational have been very successful and we are delighted to increase the prize fund to US$100,000 this year. We are proud to support our homegrown golfing talents as they pursue greater heights on the elite Asian Tour,” said Aboitiz.
“Aboitiz has always championed an active and sustainable lifestyle through sports. We hold annual sports festivals where our different business units will compete in various sports actively.  We also support many external sports events such as the very first Aboitiz TRI2014.  It is our honor to be involved with the growth of professional golf in the region and we look forward to a very successful tournament in August,” added Aboitiz.
Enrique K. Razon Jr., Chairman and President of Pilipinas Golf Tournaments, Inc. (PGTI), also hailed the return of the Aboitiz Invitational onto the ADT Schedule.  PGTI is the official organizer of the Philippine Golf Tour (PGT), and has supported the return of the Aboitiz Invitational onto the ADT Schedule.
“The PGT has been championing our local talents, and the ADT helps our cause for Filipino golfers to break through globally.  The ADT is a good platform for upcoming players to gain exposure through regular four-day tournaments against leading players from across the region and internationally.  It is great that players earn Official World Golf Ranking points by playing in ADT tournaments.  With strong support from Aboitiz, I am confident of the continued success of the Aboitiz Invitational,” said Mr. Razon.
Asian Tour Chairman Kyi Hla Han lauded the strong commitment and support from Aboitiz and PGT to grow the game of golf in the Philippines and across the region.
“On behalf of the ADT, I would like to thank Aboitiz and the PGT for their unwavering support over the years. The ADT has grown immensely since its inauguration in 2010 and this is largely due to the strong support from sponsors like Aboitiz and PGT,” said Han.
“We have witnessed tremendous success from our players on many levels and we are confident they will continue to showcase their talents at the Aboitiz Invitational. It is also wonderful to see that the ADT events in the Philippines have been won primarily by Filipino golfers which we hope will provide the inspiration for young golfers to aim for success,” said Han.
All ADT events continue to receive Official World Golf Ranking (OWGR) points for the second consecutive year. Through the world ranking status, players will have a chance to qualify for the 2016 Olympics in Rio de Janeiro.
The ADT will also reward the top five players on the final Order of Merit with playing rights for the 2015 Asian Tour season. Previously, the top-three players were offered Asian Tour cards since the ADT’s launch in 2010.
For more information on the ADT, please visit www.asiandevelopmenttour.com.
About Aboitiz Equity Ventures, Inc.
Aboitiz Equity Ventures, Inc. (AEV) is the publicly listed holding and investment company of the Aboitiz Group with major investments in power, banking, food, and land development. AEV is recognized as one of the best-managed companies in the Philippines and in the region, and is acknowledged for its good corporate governance.
About Pilipinas Golf Tournaments Inc. and the Philippine Golf Tour
Pilipinas Golf Tournaments Inc., a sports management and promotions company, is the official organizer of the Philippine Golf Tour.  Established in 2009, PGTI seeks to advance the cause of professional golf in the Philippines.  PGTI supports the Filipino golfer through exposure in local, regional and international golf tournaments.  PGTI organizes tournaments held in the country’s top golf courses, enabling golfers to hone their skills, compete with fellow professionals, and earn from the sport. To date, the PGT is the largest local golfing circuit in Southeast Asia.
About the Asian Development Tour
The Asian Development Tour was launched in 2010 with the aim of creating a career pathway for professional golfers in Asia. Sanctioned by the Asian Tour, the Asian Development Tour will ultimately create a new playing platform for emerging stars from across Asia and around the world. Through the Asian Tour Qualifying School, players will qualify for the Asian Development Tour and enjoy the opportunity to hone their games and talent through a secondary circuit in Asia. Designed in the same structure as the Web.com Tour in America and European Challenge Tour, the Asian Development Tour is a stepping stone to the Asian Tour and the exciting world of international golf. The Asian Development Tour has been structured to ensure the best opportunities for its members. The leading five players on the Asian Development Tour will earn coveted Asian Tour cards for the following season, ensuring a proper career pathway for aspiring professionals. All ADT events receive Official World Golf Ranking points.