Palandri, the Australian wine producer, plans to delist from the Alternative Investment Market.
It wants to move its listing to the Australian Stock Exchange subject to shareholder approval.
The company reported a 133% surge in full-year pre-tax profits to A$6.4m (£2.6m) helped by a one-off A$4.5m (£1.8m) restructuring gain.
The Daily Telegraph 28/10/06 page 32
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