Australia's Maas Group soars on $132 million infrastructure agreement with Firmus

MAAS group

19/12/2025 24:50

** Shares of Maas Group MGH.AX jump as much as 9.4% to A$4.910 in their biggest intraday pct gain since May 8
** Co's unit secures A$200 million ($132.24 million) electrical infrastructure contract with data centre builder Firmus Technologies
** Contract for delivery of turnkey modular electrical infrastructure for Firmus'100MW Launceston AI Factory cluster
** Shares hit highest level since October 21
** YTD, shares down 1.9%

($1 = 1.5124 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))