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Trading Halt

10.08.2010 03:41
Li & Fung halted ahead of taking IDS private -HKex
HONG KONG, Aug 10 (Reuters) - Trading in shares of consumer goods exporter Li&Fung Ltd and Integrated Distribution Services Group Ltd were suspended on Tuesday, the Hong Kong exchange said.

The suspension was pending the release of an announcement in relation to a proposed privatisation of Integrated Distribution Services Group, a logistics service division.

Shares of Li&Fung surged 5 percent on Monday ahead of the release of its first half earnings on Thursday.

(Reporting by Jimmy Tsim; Editing by Jacqueline Wong)

((jimmy.tsim@thomsonreuters.com; +852 2843 6570; Reuters Messaging: jimmy.tsim.reuters.com@reuters.net)) Keywords: LIFUNG/SUSPENSION

(If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)


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