|Over a week ago|
Leju falls -8.0% » 09:4708/0308/03/20
Leju is down -8.0%, or…
Leju is down -8.0%, or -32c to $3.66.
Leju rises 26.2% » 12:0007/3107/31/20
Leju is up 26.2%, or 98c…
Leju is up 26.2%, or 98c to $4.73.
Leju trading resumes 10:1007/3107/31/20
Leju announces E-House acquired 56% stake, to make it subsidiary » 09:4607/3107/31/20
LEJU, SINA, BABA
Leju Holdings (LEJU)…
Leju Holdings (LEJU) announced it has become aware that E-House Enterprise Holdings has entered into definitive agreements with Xin Zhou, Leju's executive chairman, and certain of his affiliated entities, and Sina (SINA) and its affiliated entity, to acquire an aggregate of 56.19% interest in the issued share capital of Leju. To Leju's knowledge, pursuant to the agreements, E-House has conditionally agreed to purchase 49,686,192 ordinary shares and 2,239,804 ADSs of Leju from the Zhou Parties by issuing to the Zhou Parties 166,918,440 of its ordinary shares, and 24,438,564 ordinary shares and 36,687 ADSs of Leju from Sina by issuing to the Sina parties 78,676,790 E-House Shares. The completion of these transactions is subject to certain closing conditions. Upon completion of these transactions, Leju will become a subsidiary of E-House and its financial results will be consolidated into the accounts of E-House, the company said. In addition, E-House announced the establishment of strategic cooperation with Alibaba Group Holding (BABA). According to a business cooperation agreement entered into between E-House and a subsidiary of Alibaba, the two parties will cooperate in areas including online-offline real estate transaction, digital marketing and after-sale services with the goal of enhancing the digital and intellectual capabilities of the real estate service industry. Alibaba will collaborate with E-House and Leju to build an online real estate marketing platform and digital transaction network, with E-House being the operator of online transaction services on the platform and Leju being the operator of digital marketing services. Alibaba will own a total 13.26% of the issued share capital of E-House, making it the second largest shareholder.
Leju trading halted, news pending 09:2407/3107/31/20
Leju rises 16.5% » 12:0007/1507/15/20
Leju is up 16.5%, or 43c…
Leju is up 16.5%, or 43c to $3.03.
Leju rises 55.4% » 10:0007/1507/15/20
Leju is up 55.4%, or…
Leju is up 55.4%, or $1.44 to $4.04.
Leju rises 46.1% » 09:4707/1507/15/20
Leju is up 46.1%, or…
Leju is up 46.1%, or $1.20 to $3.80.
|Over a month ago|
Leju receives NYSE notification regarded delayed Form 20-F filing » 19:0206/2206/22/20
Leju Holdings Limited…
Leju Holdings Limited announced that it received a notice from NYSE Regulation indicating that the company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Annual Report on Form 20-F for the year ended December 31, 2019 with the Securities and Exchange Commission. The company was not able to file the 2019 Form 20-F by June 15, 2020, as extended from the original due date of April 30, 2020 pursuant to an order issued by the SEC under Section 36 of the Securities Exchange Act of 1934 on March 4, 2020, as amended on March 25, 2020. The delay is primarily due to (i) the impact of the outbreak of COVID-19, as set forth in the Form 6-K furnished to the SEC on April 24, 2020, and (ii) the change in the company's independent registered public accounting firm for the fiscal year ended December 31, 2019, as previously announced on May 7, 2020. The company is making all efforts to file the 2019 Form 20-F as soon as possible.
|Over a quarter ago|
Leju changes independent registered public accounting firm » 05:2605/0705/07/20
Leju Holdings announced…
Leju Holdings announced that the company has appointed Yu Certified Public Accountant as its independent registered public accounting firm for the fiscal year ended December 31, 2019. At the same time, the company and Deloitte Touche Tohmatsu Certified Public Accountants have mutually agreed to terminate Deloitte's appointment as the company's independent registered public accounting firm. The change of the company's independent registered public accounting firm was approved by the Audit Committee of its board, and was not the result of any disagreements between the company and Deloitte on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.