Stone Shi-linked investment company buys Ardmore Airport for undisclosed sum

Fri, 01 Jul 2016

By Jonathan Underhill July 1 (BusinessDesk) - Kauri Ardmore, a New Zealand investment company associated with Oravida founder Stone Shi, has acquired Ardmore Airport for an undisclosed sum, gaining a facility that houses seven flying schools, charter operators, maintenance, and refueling services. The vendor was Tramcent Investment Group, an Auckland-based investment company. Bradley Taylor, general manager of Tramcent Holdings, declined to elaborate on the sale agreement, which he said was subject to confidentiality. Julia Xu, one of...

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