MAAS Group Holdings Limited announced the successful completion of its placement

Nov 29, 2024

Maas Group Holdings Limited (ASX: MGH) announced the successful completion of its Placement, raising approximately AU$140 million—an increase from the initial AU$128 million disclosed on 28 November 2024, at AU$4.65 per ordinary share. This remarkable achievement highlights the overwhelming support from its existing shareholders and reflects the strong confidence of new institutional investors joining its ranks.

The successful conclusion of this Placement and the commitment to other directors and shareholders in the conditional Placement equip it with crucial resources to propel its growth and acquisition strategies forward. It harnesses this momentum to pursue its ambitious objectives, ensuring substantial long-term value for the Company and all its stakeholders.

 

 

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