分众传媒上市招股说明书(1)

FORMF−1/AFocusMediaHoldingLTD−FMCNFiled:July08,2005(period:)Thisfilingisapre−effectiveamendmenttoanF−1filingTableofContentsAsfiledwiththeSecuritiesandExchangeCommissiononJuly8,2005RegistrationNo333−125785SECURITIESANDEXCHANGECOMMISSIONWashington,D.C.20549AmendmentNo.4toFormF−1REGISTRATIONSTATEMENTUNDERTHESECURITIESACTOF1933FocusMediaHoldingLimited(ExactnameofRegistrantasSpecifiedinitsCharter)CaymanIslands7311NotApplicable(StateorOtherJurisdictionofIncorporationorOrganization)(PrimaryStandardIndustrialClassificationCodeNumber)(I.R.S.EmployerIdentificationNumber)FocusMediaHoldingLimited28−30/F,ZhaoFengWorldTradeBuilding369JiangsuRoadShanghai200050China(86−21)3212−4661(AddressandTelephoneNumber,IncludingAreaCode,ofRegistrant’sPrincipalExecutiveOffices)CTCorporationSystem111EighthAvenue,13thFloorNewYork,NewYork10011(212)894−8940(Name,Address,IncludingAreaCode,andTelephoneNumber,IncludingAreaCode,ofAgentForService)Copiesto:ChrisK.H.Lin,Esq.SimpsonThacher&BartlettLLPICBCTower,7thFloor3GardenRoad,Central,HongKongSARChinaDouglasC.Freeman,Esq.O’Melveny&MyersLLPSuite1905,TowerTwoLippoCenter89Queensway,CentralHongKongSARChinaApproximatedateofcommencementofproposedsaletothepublic:Assoonaspracticableaftertheeffectivedateofthisregistrationstatement.IfanyofthesecuritiesbeingregisteredonthisFormaretobeofferedonadelayedorcontinuousbasispursuanttoRule415undertheSecuritiesAct,checkthefollowingbox.oIfthisFormisfiledtoregisteradditionalsecuritiesforanofferingpursuanttoRule462(b)undertheSecuritiesAct,pleasecheckthefollowingboxandlisttheSecuritiesActregistrationstatementnumberoftheearliereffectiveregistrationstatementforthesameoffering.oIfthisFormisapost−effectiveamendmentfiledpursuanttoRule462(c)undertheSecuritiesAct,checkthefollowingboxandlisttheSecuritiesActregistrationstatementnumberoftheearliereffectiveregistrationstatementforthesameoffering.oIfdeliveryoftheprospectusisexpectedtobemadepursuanttoRule434,pleasecheckthefollowingbox.oCALCULATIONOFREGISTRATIONFEEProposedMaximumProposedMaximumTitleofEachClassofSecuritiestobeAmounttobeOfferingPricePerAggregateOfferingAmountofRegistered(1)registered(1)(2)OrdinaryShare(1)Price(1)RegistrationFee(4)OrdinaryShares,parvalue$0.00005pershare(3)116,150,000$1.6$185,840,000$21,874(1)EstimatedsolelyforthepurposesofcomputingtheamountoftheregistrationfeepursuanttoRule457(o)undertheSecuritiesActof1933,asamended.(2)Includes(a)allordinarysharesrepresentedbyAmericandepositarysharesinitiallyofferedandsoldoutsidetheUnitedStatesthatmayberesoldfromtimetotimeintheUnitedStateseitheraspartofthedistributionorwithin40daysafterthelateroftheeffectivedateofthisregistrationstatementandthedatethesecuritiesarefirstbonafideofferedtothepublic,and(b)ordinarysharesrepresentedby1,515,000Americandepositarysharesthatareissuableupontheexerciseoftheunderwriters’optiontopurchaseadditionalshares.(3)AmericandepositarysharesevidencedbyAmericandepositaryreceiptsissuableupondepositoftheordinarysharesregisteredherebywillberegisteredpursuanttoaseparateregistrationstatementonFormF−6filedwiththeCommissiononJune21,2005(FileNo.333−126011).EachAmericandepositarysharerepresentstenordinaryshares.(4)PreviouslypaidonJune22,2005.TheregistrantherebyamendsthisregistrationstatementonsuchdateordatesasmaybenecessarytodelayitseffectivedateuntiltheregistrantshallfileafurtheramendmentwhichspecificallystatesthatthisregistrationstatementshallthereafterbecomeeffectiveinaccordancewithSection8(a)oftheSecuritiesActof1933,asamended,oruntiltheregistrationstatementshallbecomeeffectiveonsuchdateastheCommission,actingpursuanttosaidSection8(a),maydetermine.TableofContentsTheinformationinthispreliminaryprospectusisnotcompleteandmaybechanged.ThesesecuritiesmaynotbesolduntiltheregistrationstatementfiledwiththeSecuritiesandExchangeCommissioniseffective.Thispreliminaryprospectusisnotanoffertosellnordoesitseekanoffertobuythesesecuritiesinanyjurisdictionwheretheofferorsaleisnotpermitted.SubjecttoCompletion.DatedJuly8,2005.FocusMediaHoldingLimited10,100,000AmericanDepositarySharesRepresenting101,000,000OrdinarySharesThisisaninitialpublicofferingofAmericandepositaryshares,orADSs,ofFocusMediaHoldingLimited,orFocusMedia.FocusMediaisoffering7,000,000ADSs,andthesellingshareholdersidentifiedinthisprospectusareofferinganadditional3,100,000ADSs.FocusMediawillnotreceiveanyoftheproceedsfromthesaleoftheADSsbeingsoldbythesellingshareholders.EachADSrepresentstenordinaryshares,parvalue$0.00005pershare.TheADSsareevidencedbyAmericandepositaryreceipts,orADRs.Priortothisoffering,therehasbeennopublicmarketfortheADSsortheshares.ItiscurrentlyestimatedthattheinitialpublicofferingpriceperADSwillbebetween$14.00and$16.00.ApplicationhasbeenmadetohavetheADSsquotedontheNasdaqNationalMarketunderthesymbol“FMCN”.See“RiskFactors”beginningonpage11toreadaboutrisksyoushouldconsiderbeforebuyingtheADSs.NeithertheSecuritiesandExchangeCommissionnoranyotherregulatorybodyhasapprovedordisapprovedofthesesecuritiesorpassedupontheaccuracyoradequacyofthisprospectus.Anyrepresentationtothecontraryisacriminaloffense