Lifestyle China suspended before market open

Lifestyle China (2136) was suspended from trading before market open, last traded at HK$0.98.
The company had earlier been proposed for privatization by major shareholder Thomas Lau Luen-hung at HK$0.913 per share, involving around 367 million shares, or 25.09 percent of the total, with the deal valued at about HK$335 million.
Lau successfully privatized SOGO’s parent company, Lifestyle International, in 2022.
(Melody Chen)