Haruhisa Handa ups backing of Australian golf

04 January 2010 | By Adam Fraser

Contract summary

Length of contract: 1 year
Annualised value: US$300,000
Overall value: US$300,000

Haruhisa Handa has agreed to sponsor the Women's Australian Open golf championship in March, increasing the competition's prize money to US$545,000.

The Japanese businessman, who operates a dozen companies worldwide and is a noted philanthropist, will sponsor the tournament, which expects to attract a number of the world's top ten female golfers.

The competition will now be known as the Handa Women's Australian Open. Handa is the most significant non-corporate contributor to Australian golf.

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