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Article: Watpac sets up $22.61m raising.
- Article from:
- Australasian Business Intelligence
- Article date:
- September 6, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Michelle Singer
Sep 06, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Watpac has been selected as preferred developer for the $A1 billion Gold Coast Marine Development by the Queensland Government. The construction group is also holding a $A22.61 capital raising to fund expansion in the civil and development sector. Watpac made a profit of $A11.3 million for 2008-09, including write-offs of ...