SouFun Holdings Limited ("SouFun" or the "Company") (NYSE:SFUN - News), the leading real estate Internet portal and home furnishing and improvement website inChina, today announced that its initial public offering of 2,933,238 American depositary shares ("ADSs"), each representing four Class A ordinary shares of the Company, was priced at $42.50 per ADS. The ADSs will begin trading on the New York Stock Exchange on September 17, 2010 under the symbol "SFUN."
Of the 2,933,238 ADSs being offered, 246,914 ADSs are offered by SouFun, 1,826,002 ADSs are being offered by Telstra International Holdings Limited ("Telstra") and 860,322 ADSs are being offered by the other selling shareholders. Telstra has granted the underwriters a 30-day option to purchase from it up to 439,986 additional ADSs to cover over-allotments.
NEW YORK, Sept. 17 /PRNewswire/ -- PwC LLP Advisory principals Gerard Verweij, Mike Pearl, and Gary Loveland; managing director Xavier Menendez and directors Blake Cooper, Ashima Jain and Moe Gohary will deliver presentations at Oracle® OpenWorld 2010 on how companies can best navigate the current complex business environment. Throughout the conference, PwC will focus on a variety of important topics relevant in today's business landscape including Cloud Computing, Digital Transformation and Governance, Risk and Compliance (GRC).
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PwC is a Grande Level sponsor of the annual event which takes place on September 19-23 at the Moscone Convention Center in San Francisco.
"We are delighted to be at OpenWorld once again this year and are looking forward to sharing our insights to important challenges facing organizations today," said Gerard Verweij, PwC principal and leader of PwC's Oracle practice. "Cloud computing and digital transformation can not only help companies revolutionize their business by eliminating the technology barriers that have long frustrated business leaders, but it can deliver best in class solutions at a fraction of previous investments. If applied well, cloud computing can enable innovation, improve time-to-market and increase flexibility."
The Executive Solution session, "Cloud Computing and Digital Transformation: Your Next Competitive Advantage?" presented by Gerard Verweij and Mike Pearl, will explore how a clearly integrated cloud strategy equates to a business value far deeper than cost savings - and can give your company a new competitive advantage. The discussion will take place on September 20th 11:00 a.m. in the YBCA, Novellus Theater, San Francisco.
Other PwC-led sessions at Oracle® OpenWorld 2010 include:
Oracle® OpenWorld brings more than 1,800 sessions, 400 partner exhibits, keynotes from the world's technology leaders, hands-on labs, several special networking events, and more. Attendees can learn more about PwC's Oracle practice at Booth 911, Moscone Convention Center South or visit www.pwc.com/us/oracle.
About PwC's Advisory Practice
PwC's Advisory professionals help organizations improve business performance, respond quickly and effectively to crisis, and extract value from transactions. We help clients implement their business strategies and priorities to build effective organizations, innovate and grow profitably, reduce costs, manage risk and regulation, and leverage talent. As business integrators, we look across the entire organization -- focusing on strategy, structure, people, process and technology -- to help our clients drive sustainable change that yields measurable results.
About PwC
PwC (www.pwc.com) provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 163,000 people in 151 countries across our network share their thinking, experience and solutions to develop fresh perspectives and practical advice.
© 2010 PwC. All rights reserved. In this document, "PwC" refers to PricewaterhouseCoopers LLP, a Delaware limited liability partnership, which is a member firm of PricewaterhouseCoopers International Limited, each member firm of which is a separate legal entity.
1) Is this really the right time for your company to go public? Are there minimum milestones?
2) What, besides putting cash in the bank, are you trying to accomplish with the IPO?
3) Is an IPO the best option now? What about late-stage private or hybrid liquidity options?
4) How do you select investment bankers who will keep your company's interests first?
5) How will you get attention from the right analysts?
6) NASDAQ or NYSE ?
7) What can I do to minimize the risk of leaving too much money on the table? Are auctions a viable choice?
8) Does it make more sense to hire an in-house IR team or use an outside firm?
9) What convinces a fund manager to buy at the IPO rather than letting the issue season in the marketplace?
10) Which time-consuming parts of the process need your complete attention and which can be delegated?
Technology Pioneers 2011: Empowering People and Transforming Society
http://www.weforum.org/en/Communities/Technology%20Pioneers/TechnologyPioneers/index.htm
The Technology Pioneer class of 2011 is giving consumers and businesses more control over their impact on the environment in other ways. For the first time since the World Economic Forum launched its Technology Pioneers Programme 11 years ago, the number of clean tech companies equals the number of information technology companies. This is no accident, the pressure to become more energy efficient has never been greater for businesses, not just because of regulatory concerns but because like consumers, businesses want to be seen as socially responsible.
Technology Pioneers 2011 Brochure (PDF)
Technology is clearly empowering people in all walks of society by giving them more information, more options, a bigger voice in the world around them and more control over their own health and their impact on the environment. Technological advances that allow an unprecedented level of collaboration and cooperation in real time mean that acting on that information has never been easier.
| Energy and Environment | Information Technologies and New Media | Life Sciences and Health |
| Digital Lumens | Aster Data | Adimab |
| Ecovative Design | Atlassian | Ion Torrent * |
| Ferrate Treatment Technologies | foursquare | Medicine in Need (MEND) |
| Flexoresearch Group | GetJar | Molecular Partners |
| Novacem | Knewton | Neuronetics |
| On-Ramp Wireless | Layar | |
| OPOWER | NetQin Mobile | |
| Ostara Nutrient Recovery Technologies | OpenDNS | |
| Quintas Renewable Energy Solutions | ReputationDefender | |
| TaKadu | Scribd | |
| Tendril | SecondMarket | |
| Topell Energy | Spotify | |
| Transonic Combustion | Vortex Engineering |
RealNetworks®, Inc., (Nasdaq: RNWK) today announced that Janice Roberts has been appointed to the company's Board of Directors, bringing the number of Board members to nine, including seven independent directors.
"We are pleased to have Janice's knowledge and experience in the wireless communications industry on our Board," saidKalpana Raina, chairperson of the Board's Nominating and Corporate Governance Committee. "As RealNetworks is focusing its strategic transformation on the delivery of mobile media applications and services, her industry background in mobile, wireless and networking companies will provide us with valuable technical and business perspective for our growth initiatives."
Janice Roberts is a Managing Director with Mayfield Fund, a Silicon Valley-based venture capital firm, where she primarily focuses on mobility, wireless communications and consumer industries. Prior to her current position, she held various executive positions at 3Com Corporation, most recently those of President of 3Com Ventures, the investment division of 3Com Corporation, and Senior Vice President, Business Development and Global Marketing.
