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Oxley to acquire 40% stake in Aussie property group

Published Tue, Dec 6, 2016 · 09:50 PM

Singapore

MARKING its expansion Down Under by tying up with a local partner, Singapore developer Oxley Holdings Limited is taking up a 40 per cent stake in Australian property group Pindan Group Pty Ltd for A$32 million (S$33.87 million).

Under a share subscription agreement entered into on Dec 5, Oxley will subscribe for 61.41 million shares in Pindan Group.

This extends O…

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Real estate

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Companies & Markets

Companies & Markets

Oxley to acquire 40% stake in Aussie property group

KEYWORDS IN THIS ARTICLE

Companies & Markets

Inside TSMC chairman Mark Liu's short but impactful reign

CSE Global bags US$36.5 million data centre contract extension

Keppel DC Reit reports 13.7% lower Q1 DPU of S$0.02192 amid loss allowances

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

Singapore shares open higher on Friday; STI up 0.2%

TSMC estimates losses of US$92.4 million due to Taiwan earthquake

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