TWC Enterprises Ltd T.TWC

Alternate Symbol(s): CLKXF

Consumer Cyclical Leisure

TWC Enterprises Limited is a Canada-based company engaged in golf club operations under the trademark ClubLink One Membership More Golf (ClubLink). The Company is the owner, operator and manager of golf clubs with 45.5, 18-hole equivalent championship and 2.5, 18-hole equivalent academy courses, at about 35 locations in two separate geographical regions, such as Ontario and Florida. Its segments include Golf Club Operations Segment and Corporate Operations Segment. Its golf clubs are organized in clusters that are located in densely populated metropolitan areas and resort destinations frequented by those who live and work in these areas. It also offers golfers in their region a variety of membership, daily fee, corporate event and resort opportunities. ClubLink also has annual membership programs, and the product offerings include Players Card and Players Club in the Ontario/Quebec region as well as the ClubLink Card in the Florida region.

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TWC Enterprises Ltd

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Post by arbtrader123987on Nov 29, 2021 2:38pm

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Post# 34176846

Islesmere Golf for sale for $80M

As discussed in the Radio-Canada interview here attached Clublink is asking $80M for the sale of the land. The land is in a future high density zoning area because of the new REM train line being built.
The interview also mentions local and foreign interests in the property.
My understanding is that the proceeds are split 50/50 between Clublink and the former golf members. So assuming $80M it would be $40M for clubclink or just under $2 a share.

https://ici.radio-canada.ca/ohdio/premiere/emissions/le-15-18/segments/reportage/381935/golf-terrain-club-laval-vente-millions-dollars

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