Bullboard - Stock Discussion Forum TWC Enterprises Ltd CLKXF

Primary Symbol: T.TWC

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

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TWC Enterprises Ltd > Completes Sale of Heron Bay

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Post by Betteryear2 on Oct 08, 2021 6:51pm

Completes Sale of Heron Bay

KING CITY, Ontario, Oct. 08, 2021 (GLOBE NEWSWIRE) -- TWC Enterprises Limited (TSX:TWC) (“TWC”) announced today that it has now closed on the sale of the former Heron Bay Golf Club (located in Coral Springs, Florida) to the North Springs Improvement District (“NSID”) for cash proceeds of $32 million USD less transaction costs. The NSID is a water utility based out of Coral Springs, Florida.

TWC is engaged in golf club operations under the trademark, “ClubLink One Membership More Golf.” TWC is Canada’s largest owner, operator and manager of golf clubs with 49.5 18-hole equivalent championship and 3.5 18-hole equivalent academy courses (including one managed property) at 37 locations in Ontario, Quebec and Florida.

https://www.globenewswire.com/news-release/2021/10/08/2311409/0/en/TWC-Enterprises-Limited-Completes-Sale-of-Heron-Bay.html

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