OneAsia plans more tournaments, prizemoney

OneAsia plans more tournaments, prizemoney

Published Nov. 28, 2011 1:16 a.m. ET

The OneAsia golf tour says it expects an expansion in its schedule for next year and increased prizemoney despite an organizational restructuring and the resignation of chief executive Ben Sellenger.

OneAsia said Monday that its Singapore office will close as part of a centralization of operations in Hong Kong.

Chairman Sang Y. Chun said the move ''will facilitate our plans for development and further expansion.''

He said the 2012 schedule will be released soon, with an expansion on the 2011 calendar of 10 tournaments, of which all but three were co-sanctioned with other tours.

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Sellenger, who had been chief executive since the formation of OneAsia in 2008, had left to ''pursue other challenges.''

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