October 21, 2011

Jubilee General Insurance announce greater support to snooker


By Syed Khalid Mahmood

Jubilee General Insurance Company Limited, formerly New Jubilee Insurance Company Limited, has announced to extend greater support to snooker after the change in the corporate identity.

Tahir Ahmed, Managing Director, Jubilee General Insurance, made the announcement during the media launch of the Jubilee General Insurance 3rd Ranking Snooker Championship 2011 at the Banquet Hall of Karachi Gymkhana on October 20. The tournament will be played at the Gymkhana’s Billiards Hall from October 23 to 29.

“We have been supporting snooker for the last few years and now we are in an even better position to expand our relationship. We have been strengthened financially by becoming a part of the worldwide group,” he observed.

“Jubilee General Insurance has decided to sponsor the inaugural 6-Reds National Snooker Championship to be launched by the Pakistan Billiards & Snooker Association (PBSA) later this year,” Tahir Ahmed disclosed.

He urged the officials of the PBSA to turn their attention to the development of Under-15 snooker circuit in order to find talent from the grassroots level.

“While we appreciate the efforts of the PBSA in carrying out regular activities it’s our wish that more and more youngsters could be groomed to earn laurels for the country. We have been sponsoring the Under-21 national events and now we offer to support the Under-15 programmes as well,” the Jubilee Insurance chief declared.

As usual he acknowledged the role of all the stake-holders in the promotion and development of cue sports, making a special mention of print and electronic media.

Alamgir Anwar Shaikh, President, PBSA, unveiled the details of the seven-day Championship, which will be contested by 32 cueists, divided equally in eight groups. The Karachi Gymkhana's Managing Committee members, Jahangir Moghul and Amin Noor were present on the occasion alongwith Billiads Secretary, Fawad Shaikh.

The PBSA President hinted at raising prizemoney for the national ranking tournaments from the next year, adding that the daily allowance of the participating cueists has already been enhanced from Rs 500 to Rs 1,500.

He pointed out that an added incentive to the participants of the upcoming event was earning a spot in the World Snooker Championship to be staged in Bangalore, India next month. The top ranked cueist will automatically earn a berth while the PBSA Executive will select the other cueist.

The league matches of the Jubilee General Insurance 3rd Ranking Snooker Championship 2011, to start from October 23, will continue for three days before the commencement of the knockout games, starting from the pre-quarter-finals, from October 26.

The quarter-finals will be held on October 27 to be followed by the semifinals on October 28 and while the final and the prize distribution ceremony would be organized on October 29.

The total prizemony at stake will be Rs 150,000 with the winner to collect a purse of Rs 60,000 and the runner-up to take home Rs 35,000. Both the losing semifinalists will be receiving Rs 15,000 each while all the four losing quarter-finalists will be compensated with Rs 5,000 each. The highest break (100 or above) will earn a reward of Rs 5,000.

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