BEIJING, April 22, 2013 /PRNewswire/ -- SouFun Holdings
Limited (NYSE: SFUN, "SouFun", the "Company"), the leading real
estate and home related product and services Internet portal in
China, responded to a short
seller's third report today:
A short seller (Glaucus Research Group: "We are short seller. We
are biased.") released yet another biased and self-serving report
on SouFun today. Unfortunately, as persistent as the short seller
seems, his report once again is based on inaccurate or incomplete
facts and intentionally misleading speculations, resulting in
misleading and incorrect conclusions. Here are our comments with
respect to the report:
1. As the founder of SouFun, our Chairman has been
continuously contributing to SouFun's overall growth with whatever
resources he has irrespective of whether SouFun pays or not as long
as it is in compliance with related rules. Our Chairman's majority
owned private company Beijing Pukai Shijie Investment Consultancy
Company ("Beijing Pukai") provided consulting services to SouFun as
disclosed in related filings but it was free to SouFun. In
addition, due to the insignificance of the services in relation to
SouFun, no specific disclosure in our 20-F is considered
necessary.
2. Sanya Property: Nothing new. We commented
earlier.
Again, SouFun welcomes all kinds of opinions and comments with
respect to its business and corporate governance even if some of
them may not correctly reflect the fact. We regard these opinions
and comments as useful to improve our future operations. We are
confident that SouFun will be bigger, better, and stronger with its
continuous efforts and positive attitude from its management and
staff members.
About SouFun
SouFun operates the leading real estate Internet portal in
China in terms of the number of
page views and visitors to its websites. Through our websites, we
provide marketing, e-commerce, listing and other value-added
services for China's fast-growing
real estate and home furnishing and improvement sectors. Our
user-friendly websites support active online communities and
networks of users seeking information on, and other value-added
services for, the real estate and home furnishing and improvement
sectors in China. SouFun currently
maintains about 100 offices to focus on local market needs and its
website and database contains real estate related content covering
more than 320 cities in China. For
more information about SouFun, please visit
http://ir.soufun.com.
Contacts:
Vice President of Finance:
Hong Zhao, +86 (10) 5631-8707,
hongzhao@soufun.com
Investor Relations Manager:
Yiwen Zhang, +86 (10) 5631-8659,
zhangyiwen@soufun.com
SOURCE SouFun Holdings Limited