In 2020 Peregrine was listed at number 15 in the Australian Financial Review's "Top 500 Private Companies", with an estimated annual revenue of $2.6 billion.
On 15 May 1948, Fathi (Fred) Shahin and his family moved to Lebanon following their expulsion from Palestine after the 1948 Arab–Israeli War and the Israeli Declaration of Independence.
[4] After working as an auditor for the United Nations for 27 years, Fred and his family migrated to Sydney, Australia in 1984, and after six weeks moved to Adelaide.
[11][12] In 2020, Peregrine Corporation was listed at number nine in the Australian Financial Reviews "Top 500 Private Companies", with an estimated annual revenue of $2.6 billion.
[17] The Shahin family's ownership of the Peregrine Property, Construction & Development (PCI) and Motorsport (The Bend and Mallala) divisions remains unchanged.
In March 2020, the Federal Court had upheld a separate decision by the South Australian Employment Tribunal to award $2,342 to an OTR employee who had been underpaid.
[27][28] In August 2020 Peregrine was ordered by the South Australian Employment Tribunal to pay $65,000 to an employee after being found to have deliberately underpaid him over the period of a year in 2016, at an OTR at Fulham.