Beiren Printing Machinery Holdings Limited (HKG:0187) announced that the material asset reorganization that its controlling shareholder, Beijing Jingcheng Machinery Electric Holding Co., Ltd. (Jingcheng Holding), plans to carry out constitutes a "very substantial disposal", "very substantial acquisition" and "connected transaction" under the listing rules of the Stock Exchange.

Relevant preliminary information has been submitted to the Stock Exchange on 11 June 2012 and the disclosure documents of the transaction shall be subject to review. As such, for the purpose of safeguarding the interests of investors and facilitating the smooth implementation of such reorganization, trading in the shares of Beiren Printing Machinery, upon approval of its application, will be further suspended for another 30 days with effect from 15 June 2012 and will resume trading at the latest on 16 July 2012.

Source:chinesestock.org