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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-John Holland1,700,000,000
3rd-PindanNFP
4th-BGC822,000,000
5th↑Hanssen677,000,000
84 construction companies ranked by total combined value of current WA projects ($)

WA revenue

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

Housing starts

2nd-ABN Group2,572
3rd-JWH Group1,099
4th-Pindan1,004
5th-Summit Homes Group961
6th↑Redink Homes889
43 residential builders ranked by no. of starts (2015/2016)

Number of Employees

Construction Companies

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