May 15 (Reuters) - Austal Ltd ASB.AX :
* AUSTAL INVESTS IN MAJOR COMMERCIAL SHIPBUILDING EXPANSION
* FINALISED DETAILS OF ITS PREVIOUSLY ANNOUNCED INVESTMENT OF UP TO US$30 MILLION FOR CAPACITY EXPANSION
* INVESTMENT WILL BE FOCUSED IN COMPANY'S COMMERCIAL SHIPBUILDING FACILITIES IN WESTERN AUSTRALIA AND ASIA
* AUSTAL HAS SELECTED ITS EXISTING PHILIPPINES AND HENDERSON SHIPYARDS FOR CAPACITY EXPANSION