• Exclusive due diligence to acquire Hyperdome Town Centre shopping centre in Queensland
• Subsidiary proposes to offer secured, deferrable, redeemable, floating rate notes to be listed on ASX
• Pathfinder prospectus lodged with ASIC, syndicate of brokers engaged

MA Financial Group Limited (ASX: MAF) has provided an update on two well-progressed strategic initiatives ahead of its presentations at the UBS Australasia Investor Conference. Firstly, the Group is in exclusive due diligence to acquire Hyperdome Town Centre shopping centre in Loganholme, South-east Queensland. The site is one of the largest retail landholdings in Queensland, comprising 44 hectares and located approximately 25 kilometres south of Brisbane in a growth corridor of South-East Queensland. The asset is earmarked for a single asset high net worth syndicate, and discussions with both the vendor and investors are well progressed. Secondly, a subsidiary of MA Financial, MA Credit Portfolio Holdings Limited, proposes to make an offer of secured, deferrable, redeemable, floating rate notes to be listed on the ASX (MA Credit Portfolio Notes). A pathfinder prospectus has been lodged with the Australian Securities and Investments Commission (ASIC), and a syndicate of brokers has been engaged to facilitate a potential transaction. A prospectus for the offer of MA Credit Portfolio Notes will be made available when the offer can commence. Any person who seeks to acquire MA Credit Portfolio Notes will need to obtain a copy of the Prospectus and complete an application form with their broker or financial adviser to subscribe for the MA Credit Portfolio Notes.