AVJennings is a home construction company in Australia. Formerly listed on the Australian Securities Exchange and Singapore Exchange, it is a subsidiary of the Avid Property Group.
History AVJennings was founded by Albert Victor Jennings in 1932.Air Albert Jennings Property Council of Australia85 years and counting AVJennings 5 January 2017 In 1950, it was listed on the Australian Securities Exchange.Jennings files prospectus Sun News-Pictorial 21 November 1950 page 21 It became a dual listed company with a listing on the Singapore Exchange.Property developer AVJennings attracts $326 million privatisation offer Straits Times 29 November 2024
In April 2000, majority shareholder MPH Group launched a takeover offer to acquire the 27% of share in AVJennings that it did not already own.Jennings shares leap as MPH seeks to mop up Australian Financial Review 28 April 2000 At the end of the process it MPH ended up with a 93% shareholding.MPH Limited advice re T/O offers for shares & options AVJennings 28 July 2000 In March 2001, MPH began proceedings to compulsorily acquire the remaining shares.MPH Limited to proceed to compulsory acqiistion AVJennings 8 March 2001
In August 2010, AVJennings' contract building division was sold to Sekisui House leaving it to focus on land and residential developments.House builder AV Jennings sells contract division to Japanese firm Sydney Morning Herald 12 June 2010AVJennings moves into Noosa Australian Financial Review 24 November 2010
In August 2025, AVJennings was taken over by Avid Property Group and delisted.Private equity-backed developer AVID Property Group lobs $374m takeover bid for AVJennings Business News 28 November 2024Home builder AVJennings accepts $365m takeover bid Australian Financial Review 1 April 2025AVID completes acquisition of AVJennings AVJennings 14 August 2025AVJennigs Limited - Removal from Official List Australian Securities Exchange 15 August 2025
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