• Most Popular
  • Most Shared

E-House files for public offering of 7 mln ADS

Mon Jan 28, 2008 6:51am EST

Stocks

   

Jan 28 (Reuters) - Chinese real-estate services company E-House (China) Holdings Ltd (EJ.N) filed with U.S. regulators to publicly offer 7 million American depositary shares.

The Shanghai-based company told the U.S Securities and Exchange Commission in a filing that it is offering 6 million ADSs, and a selling shareholder, Smart Create Group Ltd, is offering an additional 1 million ADSs.

Credit Suisse, Merrill Lynch & Co, Lazard Capital Markets and Susquehanna Financial Group LLLP were underwriting the offering, it said. Each ADS represents one ordinary share. (Reporting by Aditi Samajpati in Bangalore; Editing by Vinu Pilakkott)



More from Reuters

Photo

Accused 9/11 plotters may face NY "Guantanamo"

NEW YORK (Reuters) - If the men accused of plotting the September 11 attacks wonder what conditions they might face when they are moved to New York from Guantanamo Bay for trial, they can expect solitary confinement, 23-hour-a-day lockdowns, constant video surveillance and almost no visitors.

» More Top News
A broker waits for a phone call as he trades on the dealing floor at ICAP in Jersey City, New Jersey December 9, 2009. REUTERS/Lucas Jackson

Easy come, easy go

After a run of easy money this year, fund managers cast a wary eye on investment prospects in 2010.  Full Article 

Investment Outlook Summit

"I don't think this is the bottom. We're going to have more problems in the world economy. We're papering over the problems more than anything else."

Well-known investorJim Rogers,
on the sinking greenback and the fundamental problems with the U.S. economy
    Currencies