ClubLink Enterprises Limited (the “Company” or “ClubLink,” formerly Tri-White Corporation) has a strategic objective to maximize shareholder value over a five- to 10-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 trade name “ClubLink One Membership More Golf”. ClubLink is Canada’s largest owner and operator of golf clubs with 41½, 18-hole championship and eight nine-hole academy courses at 33 locations, primarily in Ontario and Quebec.
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, Aug 04, 2010 - Consolidated operating revenue decreased 2.9% to $57,321,000 for the three month period ending June 30, 2010 from $59,041,000 in 2009 due to the decline in rail, tourism and port operations revenue and exchange. The revenue for this segment has declined due to an 11% decline in cruise ships in Skagway in 2010 and a lower rate of exchange per US dollar (1.0276 compared to 1.1672 in 2009). The decline in cruise ships is in reaction to the Alaskan head tax imposed by the state of Alaska. Read more… | PDF