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TWC Enterprises Ltd T.TWC

Alternate Symbol(s):  CLKXF

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, 18-hole equivalent academy courses (including three managed properties), at about 35 locations in Ontario, Quebec 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.


TSX:TWC - Post by User

Comment by carbideon Jul 13, 2021 10:47pm
155 Views
Post# 33540656

RE:What have we given up?

RE:What have we given up?Where did they say the press reports were misleading?

"TWC Enterprises Limited (TSX:TWC) (“TWC”) announces that it has withdrawn the appeals filed with the Ontario Land Tribunal by its subsidiaries (ClubLink Corporation ULC and ClubLink Holdings Ltd) in relation to the potential redevelopment of Glen Abbey Golf Club."

The company has not said it is committed to never developing GA.  Only that it has withdrawn its appeals.  What do the appeals say?

This is almost a dark stock.  Run like a private company.  The usual deal is for a controlling shareholder to suppress information and do a creeping tender.  Maybe opportunistically bid to go private after a flurry of perceived bad news.  The assets have immense land value, that much is obvious.
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