Dec 6 (Reuters) - Hong Kong-based WH Group ( WHGRF ),

the world's largest pork producer, said on Friday that its

shareholders had approved spinning off Smithfield Foods into a

listed company in the United States.

WH Group ( WHGRF ) said 99.4% of its shareholders voted in favour of

spinning off Smithfield Foods, which the company had proposed

last month.

At that time, WH Group ( WHGRF ) had also said Smithfield Foods's

underlying pre-money valuation would be at least equal to its

net asset value, which was about $5.38 billion as of the end of

September.

WH Group ( WHGRF ) submitted its application for the spin off in July,

with plans to list Smithfield Foods on either the New York Stock

Exchange or the Nasdaq.

It did not give further details on Friday.