December 2002

Crown Sports Sells out
Monday, December 16, 2002
Following these discussions, Bennelong announced an increased offer of 7 pence per Crown Sports share. Linked to this offer is an agreement under which Crown Sports’ listing will be maintained................... Full Story

Diamonds roll 4ever'
Thursday, December 12, 2002
Diamond Touch Golf Plc has produced the DR4E (Diamonds Roll for Ever) driver which has a 20 carat diamond insert in the face. The clubs are approved by the R&A and USGA and, says the company, ‘will add distance, accuracy and glamour to every golfer’s game.’..... Full Story

Neil Howie Appointed Callaway MD
Thursday, December 12, 2002
Callaway Golf Company (NYSE:ELY) this morning announced the promotion of Neil Howie to the position of Managing Director, Callaway Golf Europe, Ltd., replacing Patrice Hutin who was promoted to Callaway Golf Executive Vice President of Global Sales & Advertising in September 2002........ Full Story

Launch of Golf Digest Ireland
Thursday, December 12, 2002
Walton Media, Ireland’s premier golf publishers, have teamed up with Golf Digest, the largest golf publishers in the world, with US magazine circulation of over 1.5 million each month, to launch ‘Golf Digest Ireland’ in the new year........

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Paris International Acquired
Thursday, December 12, 2002
Dr. Michael Smurfit, President of The K Club, which will host the Ryder Cup Matches in 2006, together with other investors has acquired the Paris International Club one of France's most famous golf courses........ Full Story

New owners of Glenmuir
Thursday, December 12, 2002
Glenmuir Limited announces that the company has been purchased by Ordinal Limited, a company formed principally by the Ruia family who own the Ruia Group............
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Mitsubishi Muscle at Stoke by Nayland
Thursday, December 12, 2002
When Kevin King, Head Green Keeper for the successful Stoke by Nayland Club on the Essex-Suffolk borders, needed to carry out appraisals on potential new compact tractors, he knew exactly the piece of equipment to use for the test.................. Full Story

Open Golf Centres appoint Receivers
Monday, December 2, 2002
Andrew Stoneman and Paul Clark of Menzies Corporate Restructuring (MCR) announce that they have been appointed administrative receivers to Open Golf Centres Limited, which runs two golf centres, one based in Leicester and one in Christchurch, near Bournemouth..............
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Oxfordshire Creditors to Receive Dividend
Monday, December 2, 2002
Alan Bloom and Alan Lovett of Ernst & Young, the joint administrators of Nitto Albion plc and Nitto (Oxfordshire) Ltd, the developers and former owners of The Oxfordshire Golf Club, have announced the results of their work on behalf of the creditors.................

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