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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 47, 18-hole equivalent championship and two, 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 and Other 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

TWC Enterprises Ltd

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Post by undervalueon Oct 16, 2023 11:30am

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Post# 35685403

Twitter comments

This is Twitter, so take with a grain of salt.

Take as long as you want, but to me it doesn’t take more than a few minutes to read it and see that most sections of the 40% agreement are declared inoperable, and there’s a clear path to redeveloping the course via the Planning Act (a proposal which was already approved by OLT)

I think the decision is pretty definitive in favour of ClubLink. Not sure what spin City lawyers could put on this. Looks like the end of the road for the community coalition in its fight to stop the golf course from being razed and developed.

In July 2020, Jenna Sudds said that Council budgeted $100,000 for this case to go through to the Ontario Superior Court. Would like to know legal costs now. Plus how much in third party costs and disbursements is the taxpayer on the hook for! Seemed like a non winner in 2020