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MAAS Group Holdings Ltd. ( (AU:MGH) ) has shared an announcement.
Maas Group Holdings Limited (MGH) has issued 573,631 fully paid ordinary shares as part of the consideration for acquiring a 75% share in the Austek group of companies. This issuance is part of a strategic move to expand MGH’s market presence and capabilities, reflecting its commitment to growth and diversification in its operational sectors.
The most recent analyst rating on (AU:MGH) stock is a Buy with a A$5.36 price target. To see the full list of analyst forecasts on MAAS Group Holdings Ltd. stock, see the AU:MGH Stock Forecast page.
More about MAAS Group Holdings Ltd.
MGH is a leading independent Australian construction material, equipment, and service provider with diversified exposures across the civil, infrastructure, mining, and real estate end markets.
Average Trading Volume: 468,434
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.77B
See more insights into MGH stock on TipRanks’ Stock Analysis page.