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.
AVJennings was founded by Albert Victor Jennings in 1932.[1][2] In 1950, it was listed on the Australian Securities Exchange.[3] It became a dual listed company with a listing on the Singapore Exchange.[4]
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.[5] At the end of the process it MPH ended up with a 93% shareholding.[6] In March 2001, MPH began proceedings to compulsorily acquire the remaining shares.[7]
In August 2010, AVJennings' contract building division was sold to Sekisui House leaving it to focus on land and residential developments.[8][9]
