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Heartland Ambassador Hotel bought at discount by ASX-listed Mediland Pharm
3 May, 2021 11:00 PM
3 minutes to read
Mediland Pharm has purchased 100 per cent of the shares of the company which owns the 51-room Heartland Ambassador Hotel. Photo / Supplied
Mediland Pharm has purchased 100 per cent of the shares of the company which owns the 51-room Heartland Ambassador Hotel. Photo / Supplied
An Australian ASX-listed tourist retail company kneecapped by Covid-19 has bought a Hamilton hotel at a heavy discount in a bid to turn around loss for its shareholders. Mediland Pharm has purchased 100 per cent of the shares of the company which owns the 51-room Heartland Ambassador Hotel within five minutes walk of Hamilton s CBD and the Waikato FMG Stadium.