News Articles for Scott Davison

$20m bid for Pindan withdrawn hours before collapse

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A $20 million bid to save construction giant Pindan Group was withdrawn 48 hours before the company entered administration.

Pindan concerns identified last year

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Pindan's Singaporean owner wrote a letter to the group last year confirming it would support all Pindan companies to remain solvent until at least October 2021.

We couldn't continue to trade, meet debts: Pindan directors

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The directors of Pindan Group have told staff the company had little choice but to appoint external administrators amid revelations of more than $48 million in losses.

Projects in danger of falling over as patchy conditions bite

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Doubt has been cast over a wave of proposed apartment and hotel developments, with a patchy sales market forcing developers to apply for extensions to planning approvals for hundreds of millions of dollars' worth of projects.

Pindan Capital opens Sydney, China offices

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Pindan Capital has opened new offices in Shanghai and Sydney as it seeks to diversity its investment opportunities outside of Western Australia.

Pindan rebrands funds management division

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Property developer and builder Pindan has rebranded its funds management arm, OTAN Property Funds Management, which will now be known as Pindan Capital.

Pindan wins Rosewood contract

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Construction of Rosewood Care Group's aged care facility in Leederville will begin next week, after two years of delays, following the award of a $36 million construction contract to Pindan.

Pindan, Esslemont win contracts

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Building companies Pindan Constructions and Esslemont Cockram Construction have won new contracts with the state government worth a combined $30 million.

Karratha rents ‘normalising’ to $1,700/week

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THE state's buoyant resources sector has proved a mixed blessing for Karratha.

Pindan adds $22m deal to busy order book

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Construction and development group Pindan has won its third major contract in two months, after being awarded a $22 million mine camp deal by Fortescue Metals Group.

Pindan’s new vision

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BELMONT-BASED construction firm Pindan has responded to a spike in demand for transportable housing by creating a new transportable housing company, Formas Australia.