ClubLink Enterprises Limited has a strategic objective to maximize shareholder value over a five to ten year horizon, though the Company may monetize an investment when business conditions present a suitable opportunity.
ClubLink is engaged in golf club and resort operations under the trademark “ClubLink One Membership More Golf”. ClubLink is Canada’s largest owner and operator of golf clubs with 53 ½, 18-hole equivalent championship and six 18-hole equivalent academy courses at 44 locations, primarily in Ontario, Quebec and Florida.
ClubLink is also engaged in rail, tourism and port operations based in Skagway, Alaska, which operates under the trade name “White Pass & Yukon Route.” The railway stretches approximately 177 kilometres (110 miles) from Skagway, Alaska, through British Columbia to Whitehorse, Yukon. In addition, ClubLink operates three docks primarily for cruise ships.
KING CITY, ON, May 11, 2012 - Clublink Enterprises Ltd. announced an eligible dividend of $0.075 per share to be paid on June 15, 2012 to shareholders of record as at June 1, 2012. The Company has been approved by the Toronto Stock Exchange for a normal course issuer bid to purchase up to 1,390,000 of its common shares which will expire on September 19, 2012. As at May 11, 2012 the Company has repurchased for cancellation 1,339,200 common shares for a total purchase price of $9,339,000 or $6.97 per common share, including commissions. As at May 11, 2012, ClubLink has 26,375,132 common shares outstanding. PDF
KING CITY, ON, March 6, 2012 - Consolidated operating revenue increased 5.2% to $200,246,000 in 2011 for the year ended December 31, 2011 from $190,370,000 in 2010 primarily due to the revenue generated from the Florida golf clubs that have been acquired since September 2010. PDF