BUZZ-Australia's Mayfield Group rises on industrial property acquisition
Reuters
Jan 23
BUZZ-Australia's Mayfield Group rises on industrial property acquisition
** 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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