Lianhua Supermarket shares suspended - HKEx

HONG KONG Wed Nov 3, 2010 10:04pm EDT

HONG KONG Nov 4 (Reuters) - Trading in shares of Lianhua Supermarket Holdings Co Ltd (0980.HK) was suspended on Thursday, the Hong Kong exchange said.

Lianhua said shareholder Shanghai Friendship Group In Co (600827.SS) would buy 2.9 billion yuan ($434.4 million) worth of assets from another shareholder Bailian Group Co Ltd, and Shanghai Bailian Group Co Ltd 600631.SS would merge with Shanghai Friendship.

Lianhua said the deals would not not affect its management and operations. (Reporting by Jimmy Tsim; Editing by Chris Lewis)