Watpac Limited : FIRB Approval of Shareholder Transaction

Watpac Limited is a construction and civil and mining services company. The Company's segments include Construction, Mining & Civil, and Property. The Construction segment provides building, refurbishment, project management and construction management services across various eastern states in Australia and South Australia. The Mining & Civil segment is engaged in providing contract mining services and civil infrastructure activities for small to medium projects throughout Australia. The Property segment is engaged in development and trading of commercial, residential and industrial properties. Its projects include Mount Magnet Gold Mine, Gold Coast Private Hospital, Ryde Garden, Axehandle Gold Mine, Summer Hill Flour Mill, Cockatoo Island Iron Ore Mining and Kathleen Valley Gold Project. The Company undertakes technical refurbishment projects across a range of areas, including aged care, health, commercial, education, food-related facilities and other construction disciplines.