HSBC agrees to back Malaysian rugby tournament

29 October 2009 | By Adam Fraser

Contract summary

Length of contract: 1 year
Annualised value: US$30,000
Overall value: US$30,000

The HSBC Cobra Rugby 10s tournament in Malaysia will go ahead after HSBC agreed to back the competition, which has run for 42 years, for another year.

HSBC will spend US$30,000 to fund the competition, which features 16 teams from around the world.

COBRA Malaysia president Datuk Krishnan Tan said: "Rugby, like many other sports in the country, needs all the help which can be extended and I applaud HSBC for their generous support."

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