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Oxley Holdings founder Ching Chiat Kwong says international partnerships have been a large part of the company's success. Photo: Oxley Holdings

Singaporean developer partners with Pindan

Singapore-listed property developer Oxley Holdings has embarked on a $72 million mission to get a foothold in Australian property, acquiring 40 per cent of local development and construction group Pindan.

The deal, announced today on the Singapore Stock Exchange, represents a major restructure for Pindan, which recently consolidated all of its building and development operations under the one entity, Pindan Group Pty Ltd.

Pindan was established in 1977 by founding directors George Allingame and David Pringle, with its construction arm ranked among the top 20 commercial builders in Australia and the top-ranked multi-unit builder in Western Australia.

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Total value of current WA projects

1st-MultiplexNFP
2nd↑ProbuildNFP
3rd-PindanNFP
4th-BGC Australia822,000,000
5th-Hanssen248,000,000
91 construction companies ranked by total combined value of current WA projects ($)

WA revenue

7th↑Bis$587.9m
8th↓Quadrant Energy$580.0m
9th↑PindanNFP
10th↑Barminco$507.9m
11th↑Perron Group$507.9m
104 private companies - large ranked by revenue most recent financial year

Housing starts

6th↑Content Living739
7th↓Redink Homes696
8th↓Pindan646
9th↓Delstrat Group558
10th↑Jaxon399
48 residential builders ranked by no. of starts (2016/2017)

Number of Employees

Construction Companies

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