The Shinhan Donghae Open will continue to be held as a tri-sanctioned tournament by JGTO, Korean Tour and the Asian Tour until 2025 after the three organizations agreed on a three-year extension on Sunday.
JGTO Chairman Isao Aoki, Shinhan Financial Group Chairman Yongbyoung Cho and Asian Tour Commissioner and CEO Cho Minn Thant put pen to paper and sign the contract at Koma Country Club to cap a memorable final day of the tournament.
The deal means JGTO will continue to receive a 40-spot allocation in the iconic tournament, with the winner set to be rewarded with two-year playing privileges for all three Tours.
The Shinhan Donghae Open has been co-sanctioned by both Korean Tour and Asian Tour since 2016 before JGTO came on board as the latest partner in 2019.
However, due to the Covid-19 pandemic, the tournament could not resume as a tri-sanctioned meet and only returned this year, with Japan playing host to the 38th edition, for the first time ever.