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Oxley acquires 60% stake in Pindan as settlement

Transfer of shares follows claim by Oxley relating to Pindan failing to meet agreed performance targets; it wholly owns Perth-based Pindan now

Singapore

OXLEY Holdings has acquired a remaining 60 per cent interest in property firm Pindan Group for zero consideration, it said on Monday.

The 45.5 million shares in the Perth-headquartered company were transferred to Oxley in settlement of a claim by Oxley relating to Pindan...

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