0001144204-11-031990.txt : 20110524 0001144204-11-031990.hdr.sgml : 20110524 20110524062547 ACCESSION NUMBER: 0001144204-11-031990 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20110524 FILED AS OF DATE: 20110524 DATE AS OF CHANGE: 20110524 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GLOBAL SOURCES LTD /BERMUDA CENTRAL INDEX KEY: 0001110650 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING [7310] IRS NUMBER: 000000000 STATE OF INCORPORATION: D0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-30678 FILM NUMBER: 11866765 BUSINESS ADDRESS: STREET 1: CANON'S COURT STREET 2: 22 VICTORIA STREET CITY: HAMILTON STATE: D0 ZIP: HM 12 MAIL ADDRESS: STREET 1: 1 SIMS LANE STREET 2: #08-01 CITY: SINGAPORE STATE: U0 ZIP: 387355 FORMER COMPANY: FORMER CONFORMED NAME: FAIRCHILD BERMUDA LTD DATE OF NAME CHANGE: 20000330 6-K 1 v223942_6k.htm Unassociated Document
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 May 2011

Commission File Number
000-30678
 

GLOBAL SOURCES LTD.

(Translation of Registrant's Name into English)

Canon’s Court
22 Victoria Street
Hamilton, HM 12, Bermuda

(Address of Principal Executive Office)

 
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): ____

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
 
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): ____
 
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

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- ________
 
 
 

 

 
Exhibit 1
Press Release dated May 24, 2011



 
 

 

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.

 
GLOBAL SOURCES LTD.
 
(Registrant)
   
   
 
By:
/s/ Connie Lai
   
Name: Connie Lai
   
Title: Chief Financial Officer
 
Date: May 24, 2011
 
 
 

 
 
 
EX-1 2 v223942_ex1.htm Unassociated Document
 
EXHIBIT 1

 
FOR IMMEDIATE RELEASE

Global Sources Press Contact in Asia:
Global Sources Investor Contact in Asia:
Camellia So
Suzanne Wang
Tel: (852) 2555-5021
Tel: (852) 2555-4747
e-mail: cso@globalsources.com
e-mail: investor@globalsources.com
   
Global Sources Press Contact in U.S.:
Global Sources Investor Contact in U.S.:
James W.W. Strachan
Mary Magnani & Timothy Dien
Tel: (1 480) 664 8309
Lippert/Heilshorn & Associates, Inc.
e-mail: strachan@globalsources.com
Tel: (1 415) 433-3777
e-mail: tdien@lhai.com
 
Global Sources announces management changes
 
- Current CIO Bill Georgiou to retire in February 2012 –
 
- COO Peter Zapf to assume CIO role –
 
- General Manager of Content & Community Development to be appointed to COO position –
 
HONG KONG, May 24, 2011 – Global Sources Ltd. (NASDAQ: GSOL) (http://www.globalsources.com) announces the impending retirement of Chief Information Officer (CIO) Bill Georgiou at the end of January 2012. Peter Zapf, 42, the company’s current Chief Operating Officer (COO), is scheduled to take over the CIO role and Brent Barnes, 38, the current General Manager of Content & Community Development, is scheduled to move into the COO position, effective February 1, 2012. Following his retirement, Georgiou is expected to remain as a Global Sources consultant.
 
Global Sources’ chairman and CEO, Merle A. Hinrichs, said: “The board and I are pleased to have a long lead time for the CIO and COO transitions and we have absolute confidence in Peter and Brent to assume their new responsibilities.  The additional time and their past demonstration of technical and operational expertise provides the foundation for both appointments’ success. During Peter’s ten-year tenure with Global Sources, he has provided outstanding leadership as Vice President of eCommerce and Community Development and later as COO.  As General Manager of Content & Community Development, Brent manages the largest operational team in the Company and I anticipate his skill and natural gifts to continue to make an excellent contribution to the new position. I wish to sincerely thank Bill for his significant contribution to the Company in building and maintaining our Information Services Department, for his ongoing support and counsel and for facilitating Peter’s smooth transition.”
 
 
 

 
 
Peter Zapf joined Global Sources in August 2001 as Vice President eCommerce. Prior to joining Global Sources, he was CEO of Asia Commerce and a research analyst with Bear Stearns. Earlier in his career, he spent four years with the US air force as a software engineer. He graduated from Carnegie-Mellon University with a Bachelor of Science degree in Electrical Engineering and holds an MBA degree from the Thunderbird School of Global Management.

Brent Barnes joined Global Sources in June 2000 as Executive Assistant to the chairman and CEO. Prior to joining Global Sources he worked for four years in training and operations roles in the US and Mexico. He graduated from the University of Texas at Austin, with a Bachelor of Arts degree and also holds an MBA degree from the Thunderbird School of Global Management.

About Global Sources
Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business uses English-language media to facilitate trade from Greater China to the world. The other business segment utilizes Chinese-language media to enable companies to sell to, and within Greater China.

The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 1 million active buyers – including the world's top 25 retailers – to source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 240 countries.

The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on over 5.7 million products and more than 262,000 suppliers annually through 14 online marketplaces, 13 monthly print and 18 digital magazines, over 90 sourcing research reports and 73 specialized trade shows a year across nine cities.
 
 
 

 

 
Verified suppliers receive more than 127 million sales leads annually from buyers through Global Sources Online (http://www.globalsources.com) alone.

Global Sources has been facilitating global trade for 40 years. Global Sources' network covers about 60 cities worldwide. In mainland China, Global Sources has about 2,700 team members in more than 40 locations, and a community of over 2.8 million registered online users and magazine readers for its Chinese-language media.

Safe Harbor Statement
This news release contains forward-looking statements within the meaning of Section 27-A of the Securities Act of 1933, as amended and Section 21-E of the Securities Exchange Act of 1934, as amended. The company's actual results could differ materially from those set forth in the forward-looking statements as a result of the risks associated with the company's business, changes in general economic conditions, and changes in the assumptions used in making such forward-looking statements.

 
 

 
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