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COPYRIGHT 2006 Asia Pulse Pty Ltd
An executive briefing on agribusiness for May 31, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
AUSTRALIA'S MCGUIGAN SIMEON WINES HIT BY GRAPE GLUT
MELBOURNE - Australia's grape glut has forced winemaker McGuigan Simeon Wines Ltd (ASX:MGW) to write down the value of its wine inventory by $A15 million ($US11.4 million) to $20 million, but the company says not all is doom and gloom.
The country's second...
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