BUZZ-Australia's Mayfield Group rises on industrial property acquisition

Reuters

01/23

** Shares of Australia's Mayfield Group MYG.AX rise as much as 4.4% to A$3.12, their highest since January 12

** Stock posts biggest intraday pct gain in more than a week

** Electrical and telecom equipment provider says it has acquired industrial property at Royal Park in Australia for A$8.4 million ($5.74 million)

** Stock rose more than six-fold in value in 2025, flat so far this year

($1 = 1.4622 Australian dollars)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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