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MA Financial Group Limited ( (AU:MAF) ) has provided an update.
MA Financial Group Limited announced two strategic initiatives at the UBS Australasia Investor Conference. The company is conducting due diligence to acquire the Hyperdome Town Centre in Loganholme, a significant retail landholding in Queensland, which is intended for a high net worth syndicate. Additionally, MA Financial’s subsidiary, MA Credit Portfolio Holdings Limited, plans to offer secured, deferrable, redeemable, floating rate notes on the ASX, with a pathfinder prospectus already lodged with ASIC. These initiatives could enhance the company’s market position and offer new investment opportunities for stakeholders.
The most recent analyst rating on (AU:MAF) stock is a Buy with a A$10.80 price target. To see the full list of analyst forecasts on MA Financial Group Limited stock, see the AU:MAF Stock Forecast page.
More about MA Financial Group Limited
MA Financial Group Limited operates in the financial services industry, offering asset management, managed loans, and corporate advisory and ECM transactions. The company focuses on providing financial solutions and services to a diverse range of clients.
Average Trading Volume: 435,894
Technical Sentiment Signal: Buy
Current Market Cap: A$1.68B
See more insights into MAF stock on TipRanks’ Stock Analysis page.