E-House announces Leju's plan for proposed IPO
12/03/2014 13:40
E-House (China) Holdings Limited, a leading real estate services company in China, announced that Leju Holdings Limited (Leju), a wholly owned subsidiary of E-House, has submitted a draft registration statement on Form F-1 in compliance with the U.S. Securities Act of 1933, to the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering of Leju and listing of Leju's American depositary shares representing its ordinary shares on a major stock exchange in the U.S. The Proposed IPO is expected to commence as capital markets conditions permit and is subject to Leju's public filing of the registration statement with the SEC in compliance with the Securities Act, and the SEC declaring such registration statement effective. The proposed number of American depositary shares to be offered and sold in the Proposed IPO has not yet been determined. E-House may sell a portion of Leju's shares it owns, but expects to remain Leju's majority shareholder after the completion of the Proposed IPO.
12/03/2014 13:40
E-House (China) Holdings Limited, a leading real estate services company in China, announced that Leju Holdings Limited (Leju), a wholly owned subsidiary of E-House, has submitted a draft registration statement on Form F-1 in compliance with the U.S. Securities Act of 1933, to the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering of Leju and listing of Leju's American depositary shares representing its ordinary shares on a major stock exchange in the U.S. The Proposed IPO is expected to commence as capital markets conditions permit and is subject to Leju's public filing of the registration statement with the SEC in compliance with the Securities Act, and the SEC declaring such registration statement effective. The proposed number of American depositary shares to be offered and sold in the Proposed IPO has not yet been determined. E-House may sell a portion of Leju's shares it owns, but expects to remain Leju's majority shareholder after the completion of the Proposed IPO.
