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AUSTRALIA: Pipers Brook to leave Australian Stock Exchange

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The Tasmanian-based Pipers Brook Vineyard will be withdrawn from the Australian Stock Exchange next month, according to Australian press reports.

The company's board unanimously supported the wish by major shareholder Kreglinger, as indicated in its bidder's statement, that the listing be reviewed.

Pipers Brook has less than 90 shareholders, with Kreglinger and the David Groves Group accounting for 96% of shares.


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