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MAAS Group Holdings Ltd. ( (AU:MGH) ) has provided an announcement.
Maas Group Holdings (MGH) is addressing an ICAC investigation into alleged misconduct by Southern Pavement Services Pty Ltd, prior to MGH’s acquisition of a 75% shareholding in the Capital Asphalt business. MGH, committed to ethical practices, was unaware of these allegations at the time of purchase and plans to enforce its rights under the share sale agreement against the vendors.
The most recent analyst rating on (AU:MGH) stock is a Buy with a A$5.06 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 market.
Average Trading Volume: 493,537
Technical Sentiment Signal: Hold
Current Market Cap: A$1.5B
See more data about MGH stock on TipRanks’ Stock Analysis page.