Search
where the horse is always the hero
Article Item
Posted 2017-12-15 08:11:40  
Jooste Leaves CTS, confirms Smith

Leading racehorse sales company Cape Thoroughbred Sales (CTS) has announced that Markus Jooste has resigned as director, and Mayfair Speculators has commenced the process of exiting their shareholding following yesterday’s CTS board meeting.

Wéhann Smith (pictured), Chief Executive Officer at CTS, explains that all remaining shareholders are fully committed to the company and to the CTS Cape Premier Yearling Sale taking place from 20-21 January 2018. The CPYS draft, according to Smith, looks potentially stronger than that of any previous years, and his belief is that vendors and buyers alike can look forward to the event with great optimism.

“Our business is resilient, and our Board, which includes chairman Chris van Niekerk and Bernard Kantor, is dedicated to ensuring that operations continue as normal, and that we keep innovating and raising the bar with each sale,” he says.

Smith confirms that the transition is underway and proceeding smoothly, with no impact on vendors or disruption to the Sales programme.

“While recent events concerning Mayfair Speculators have admittedly impacted the broader industry, we can assure our clients that our focus is on ensuring we continue to deliver on our commitment to presenting Sales with the professionalism and style to which our clients have become accustomed. Markus has in many ways been our founder and visionary, and we are tremendously saddened that he will not be part of our future plans. His leadership of and passion for our industry will be sorely missed,” says Smith. 

Rate:
Email link to a friend | Printable Version
  • Breeding News
    Displaying 10 ResultsSee All
    wilgerbosdrift announces plans for choice mares2018-09-06

    Exciting plans for Wilgerbosdrift star mares Wilgerbosdrift’s star mares will be visiting som...

    View | Add Comment
    kingsbarns dead, massive loss to sa breeding 2018-05-18

    Drakenstein Stud lost Kingsbarns on Wednesday due to colic. The outstanding son of Galileo will be a...

    View | Add Comment
    'o on the go' at national yearling sale for avontuur2018-04-17

    It’s always wonderful to be proven right and in the case of our highly rated international sir...

    View | Add Comment
    april cape yearling sale offers seven of the best2018-03-20

    With seven excellent yearlings set for the mid-April sale in Durbanville, Avontuur Thoroughbred Fa...

    View | Add Comment
    emperors palace partner with bloodstock sa2018-01-31

    The award-winning hospitality and gaming resort, Emperors Palace, is proud to announce that it has...

    View | Add Comment
    cape premier down but internationals buy2018-01-23

    The 2018 CTS Cape Premier Yearling Sale yielded an overall aggregate of R110,95-million after the co...

    View | Add Comment
    cape thoroughbreds chair in frank message to buyers2018-01-21

    In an emotional address to guests attending the cocktail party for the official opening of the 2018 ...

    View | Add Comment
    hashtagyolo in flamboyant win2018-01-02

    Graduates of the 2016 National Yearling Sale are enjoying tremendous success this season, with the l...

    View | Add Comment
    avontuur's cape yearling draft - the art of winning2017-12-27

    Cape Yearling Sale – The Art of Winning An exciting group of nine yearlings are on their wa...

    View | Add Comment
    champion producer jallad dies at 292017-12-11

    At the rip old age of 29, champion and much loved sire, JALLAD has peacefully passed away at Highlan...

    View | Add Comment