UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2014
Commission File Number: 1-34598
IFM INVESTMENTS LIMITED
26/A, East Wing, Hanwei Plaza
No.7 Guanghua Road, Chaoyang District
Beijing, 100004
Peoples Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F x Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes o No x
(If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- )
EXHIBITS
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Description of Document |
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99.1 |
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Press Release For Receipt of Notice from NYSE regarding Listing Standards |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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IFM INVESTMENTS LIMITED | |
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By: |
/s/ Steve Ye |
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Name: |
Steve Ye |
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Title: |
Chief Financial Officer |
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Dated: April 11, 2014 |
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Exhibit 99.1
Century 21 China Real Estate Receives Notice from NYSE Regarding Listing Standards
BEIJING, China, April 11, 2014 - IFM Investments Limited (NYSE: CTC) (Century 21 China Real Estate or the Company), a leading comprehensive real estate services provider and the exclusive franchisor for the CENTURY 21® brand in China, today announced that it received a notice from the New York Stock Exchange, Inc. (NYSE) that it is not in compliance with one of the continued listing standards of the NYSE. The Company is considered below the NYSEs continued listing criteria because its total market capitalization has been less than $50 million over a 30-trading-day period and its stockholders equity is less than $50 million.
The Company has notified the NYSE that it plans to submit a business plan (the Plan) within 90 days from the receipt of the NYSE notice that demonstrates its ability to regain compliance with the NYSEs continued listing standards within 18 months. In the event that the NYSE accepts the Plan, the Company will be subject to quarterly monitoring for compliance with the Plan and the Companys ADSs will continue to be listed and traded on the NYSE during such 18-month cure period subject to its compliance with other NYSE continued listing standards. In the event that the NYSE does not accept the Plan, the Company will be subject to suspension and delisting procedures. The Company will continue to communicate with the NYSE to keep it apprised of the Companys plans to achieve compliance and progress in that regard.
The Companys business operations and SEC reporting requirements are not affected by the receipt of the aforementioned notice from the NYSE.
About Century 21 China Real Estate
IFM Investments Limited (Century 21 China Real Estate or CTC) is a leading comprehensive real estate services provider and the exclusive franchisor for the CENTURY 21® brand in China. CTC primarily focuses on Chinas fast-growing and highly fragmented secondary real estate market, providing company-owned brokerage services, franchise services, mortgage management services, primary services, commercial services and fund management services. CTC has experienced substantial growth since it commenced operations in 2000, and received numerous awards and recognition as franchisor and real estate services provider for its service quality and business achievements. Century 21 China Real Estate became a public company in January 2010 and its ADSs, each of which represents 45 ordinary shares of CTC, currently trade on the New York Stock Exchange under the symbol CTC. For more information about CTC, please visit http://www.century21cn.com/english.
Safe Harbor: Forward-Looking Statements
This press release contains forward-looking statements. These statements are made under the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements can be identified by terminology such as aim, anticipate, believe, confident, continue, estimate, expect, future, intend, is currently reviewing, it is possible, likely, may, plan, potential, will or other similar expressions or the negative of these words or expressions. The Company has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. The Company may also make written or oral forward-looking statements in its reports filed or furnished with the U.S. Securities and
Exchange Commission, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Companys beliefs and expectations, are forward-looking statements and are subject to change, and such change may be material and may have a material adverse effect on the Companys financial condition and results of operations for one or more periods. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained, either expressly or impliedly, in any of the forward-looking statements in this press release. Potential risks and uncertainties include, but are not limited to, the risks outlined in the Companys Annual Report on Form 20-F and other documents filed with the U.S. Securities and Exchange Commission. Unless otherwise specified, all information provided in this press release and in the attachments is as of the date of this press release, and the Company does not undertake any obligation to update any such information, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
Steve Ye
CFO
IFM Investments Limited
Phone: +86-10-6561-7788
E-mail: ir@century21cn.com
Josh Gartner
Brunswick Group
Phone: +86-10-5960-8600
Email: ctc@brunswickgroup.com
In the United States:
Cindy Zheng
Brunswick Group
Phone: +1-212-333-3810
Email: ctc@brunswickgroup.com