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An announcement from MAAS Group Holdings Ltd. ( (AU:MGH) ) is now available.
Maas Group Holdings Limited (MGH) has issued 450,448 fully paid ordinary shares as part of the acquisition of Schwarz Excavations Pty Ltd and the conversion of time-based performance rights. This issuance, conducted without investor disclosure under specific provisions of the Corporations Act, reflects MGH’s compliance with its regular reporting and disclosure obligations, potentially impacting its market positioning by expanding its operational capabilities.
The most recent analyst rating on (AU:MGH) stock is a Buy with a A$5.45 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: 479,392
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.62B
For detailed information about MGH stock, go to TipRanks’ Stock Analysis page.