Business
Ex NRL player lists $530m company on ASX this Friday
Wes Maas came home to Dubbo after 5 years in Sydney playing reserve-grade rugby league.
He even got to play 2 top-level NRL games for the South Sydney Rabbitohs, but a busted shoulder forced his retirement at the age of 22.
His brothers had attained plumbing and building qualifications. He didn’t have anything when he returned to the central west of NSW.
Now, 18 years later, Maas will become one of the wealthiest self-made Australians when his company MAAS Group Holdings Limited (ASX: MGH) lists on the ASX on Friday.
He will be worth $347 million, according to the initial public offer (IPO) price of $2 per share.
Maas’ materials and equipment services provider business will have a market capitalisation of $529.9 million after…
-
General15 hours agoAlleged Croydon Park gunman Artemios Mintzas charged with 25 offences
-
Noosa News22 hours agoPrime Minister Anthony Albanese calls for political temperature to be ‘turned down’ after alleged death threat
-
Noosa News21 hours agoYork family honours late son with tractor museum to fund cancer research
-
General20 hours agoTeam Australia wins back-to-back Motocross of Nations titles