MACA Limited has been awarded a $9.5 million construction contract by VicRoads for the Bacchus Marsh Road Stage 2A Safety Improvements. This project has commenced and will take 6 months to complete. In addition, MACA Infrastructure has been awarded additional minor works contracts with VicRoads and Local Victorian shires totaling approximately $10M; The Mining division received a Letter of Intent from FQM Australia Nickel Pty Ltd. a subsidiary of First Quantum Minerals Ltd. in relation to works at the Tamarine Limestone Quarry for mining, crushing and screening of Limestone of approximately $20 million over a 3 year period. This Letter of Intent follows the Ravensthorpe award with First Quantum that was announced 20 November 2019. Works are expected to start in February and will utilise existing crushing equipment.