Maas Group’s AI Pivot Under Pressure: Profitable Business Sold, Firmus IPO Abandoned and a Second Balance-Sheet Risk Emerges
The cancellation of Firmus’s proposed IPO raises fresh questions about Maas Group’s strategic transformation, valuation assumptions, future earnings and the recoverability of a separate A$375 million Bull Capital receivable. SYDNEY, Australia, Oct 13, 2026, ZEX PR WIRE — Maas Group Holdings (ASX: MGH) faces growing scrutiny following the collapse of Firmus’s planned......
