News Articles for Tony Gerber

A $20 million bid to save construction giant Pindan Group was withdrawn 48 hours before the company entered administration.

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.

Pindan has recently secured $31 million worth of construction work in the education sector, with contracts spanning Mandurah to the Pilbara.

Property group Pindan has secured a $3.4 million contract for work on Fortescue Metals Group's Iron Bridge magnetite project in the Pilbara.

Pindan has been awarded a $90 million contract for the construction of an operations village for Rio Tinto's Koodaideri iron ore project, with the announcement coming less than a week after Oxley Holdings acquired full ownership of the contractor.

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.