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Oxley to acquire 40% stake in Aussie property group

Wednesday, December 7, 2016 - 05:50

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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).

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

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