Featuring: publicly traded & venture capital companies on the U.S. (NYSE, NASDAQ, AMEX & OTC: BB) and Canadian (TSX & TSX-V) stock exchanges, Investment & Money Management Ideas. |
|
Press Release - Global Sources (GSOL-NASDAQ-GS) |
|
|
In October, we are launching the next generation of our flagship online marketplace at globalsources.com. The site will offer buyers two major advantages. First, it is a vertical search engine, which will deliver the largest selection of export suppliers and products anywhere on the web. Secondly, it will enable buyers to identify verified suppliers who have all been pre-qualified through face- to- face visits and capability assessments. - Merle A. Hinrichs (Interview published April 12, 2007) |
The Most Powerful Name In Corporate News and Information. |
|
CURRENT ISSUE | COVER ARCHIVES | INDEX | CONTACT | FINANCIALS | MARKETING SERVICES | HOME PAGE |
|
To: Global Sources
Investor List
Date: January 07, 2008 Subject: Global Sources Investor Update December News
Your December news summaries about Global Sources (NASDAQ-GS: GSOL) are enclosed, including top investor news, trade shows & events, industry news and more
For full details, please click on the links. To read all reports, click http://www.corporate.globalsources.com/INFO/INFO_IDX.HTM.
Top Investor & Corporate News
Trade Shows & Events
Industry News
Top Investor & Corporate News
Global Sources to Present at Investor Conferences in January 2008
HONG KONG, December 21, 2007 Global Sources (NASDAQ: GSOL) is scheduled to present at the following investor conferences in January 2008:
Global Sources
Announces Bonus Share Issue
NEW YORK, December 20, 2007 Global Sources Ltd. (NASDAQ: GSOL) today announced a one for ten bonus share issue on Global Sources' outstanding common shares. Shareholders of record on January 1, 2008 will receive one additional common share for every ten common shares held, of face value of $0.01 each. The bonus share issue will be distributed on or about February 1, 2008.
Global Sources
Completes Sale of its Equity Stake in HC International, Inc.
NEW YORK, December 18, 2007 Global Sources Ltd. (NASDAQ:GSOL) ("Global Sources") and its wholly-owned subsidiary, Trade Media Holdings Limited ("Trade Media Holdings"), today completed the sale of their entire equity stake in HC International, Inc. (SEHK: 8292) ("HC") to IDG Technology Venture Investment III, L.P. ("IDG"), pursuant to the Sale and Purchase Agreement announced on December 10th. The total consideration for the 62,652,000 HC shares sold was approximately HK$96.2 million (representing HK$1.5352 per HC share) or approximately US$12.3 million (representing approximately US$0.1968 per HC share).
Global Sources
Signs Agreement to Sell its Equity Interests in HC International,
Inc.
NEW YORK, December 10, 2007 Global Sources Ltd. (NASDAQ:GSOL) ("Global Sources") announced today that it and its wholly-owned subsidiary, Trade Media Holdings Limited ("Trade Media Holdings"), have entered into a sale and purchase agreement with IDG Technology Venture Investment III, L.P. ("IDG"), pursuant to which Global Sources and Trade Media Holdings, collectively, have agreed to sell to IDG, and IDG has agreed to purchase from Global Sources and Trade Media Holdings, all of Global Sources' and Trade Media Holdings' equity interests in HC International, Inc. (SEHK: 8292) ("HC"), for HK$96.2 million or approximately US$12.3 million.
http://www.corporate.globalsources.com/INFO/PRESS/2007/DEC10.HTM
Trade Shows and Events
Chengdu Hi-Tech Zone to Endorse
Global Sources' International IC-China Conference & Exhibition
Chengdu, China, December 19, 2007 Chengdu Hi-Tech Zone, an organization that encourages local technology investment with the support of the Chengdu and Sichuan governments, is set to endorse Global Sources' (NASDAQ: GSOL) International IC-China Conference & Exhibition (IIC-China, http://www.english.china.iicexpo.com).
http://www.corporate.globalsources.com/INFO/PRESS/2007/DEC19.HTM
First China Sourcing Fairs:
Fashion Accessories and Baby & Children's Products in Shanghai
Attract More than 5,400 Local and International Buyers
HONG KONG, December 17, 2007 Global Sources' (NASDAQ: GSOL) China Sourcing Fairs: Fashion Accessories and Baby & Children's Products (http://www.chinasourcingfair.com) which closed Dec. 14 in Shanghai attracted 5,462 buyers from 79 countries and regions.
http://www.corporate.globalsources.com/INFO/PRESS/2007/DEC17.HTM
Over 24,000 Visitors Explore International and Domestic Franchise Opportunities at Franchising China Exhibition
HONG KONG, December 13, 2007 Global Sources' (NASDAQ: GSOL) 10th Annual Franchising China Conference & Exhibition (http://www.franchisechina.com) wrapped up its tour of China recently, attracting 24,274 potential franchisees to its exhibitions in Shanghai, Guangzhou and Beijing up 12 percent from 2006.
http://www.corporate.globalsources.com/INFO/PRESS/2007/DEC13.HTM
Over 10,000 Buyers
Pre-registered for New China Sourcing Fairs: Baby & Children's
Products and Fashion Accessories in Shanghai
SHANGHAI, December 12, 2007 Over 10,000 buyers, including global players such as Coles Myer, Gap, H & M, Li & Fung, Sears, Target and Tommy Hilfiger, have pre-registered to attend Global Sources' (NASDAQ: GSOL) first China Sourcing Fairs: Baby & Children's Products and Fashion Accessories in Shanghai (http://www.chinasourcingfair.com). Domestic buyers including Hua Lian GMS Shopping Centre, Ren Ren Le Group and TVSN have also signed up to attend the inaugural shows, set for Dec. 12-14, 2007 at Shanghai New International Expo Centre, China. Visitors will be able to see 440 booths from various countries and regions including mainland China, Hong Kong, Taiwan, the Philippines and India.
http://www.corporate.globalsources.com/INFO/PRESS/2007/DEC12.HTM
Global Buying Giants Including
Metro, Sears and Target Converge on Shanghai for Global Sources'
Private Sourcing Events and China Sourcing Fairs
SHANGHAI, December 11, 2007 Thousands of global buying giants including Metro, Sears and Target are scheduled to attend Global Sources' (NASDAQ: GSOL) Private Sourcing Event: Furniture (http://www.PrivateSourcingEvents.com) and the China Sourcing Fairs: Fashion Accessories and Baby & Children's Products (http://www.chinasourcingfair.com) in Shanghai, set for Dec. 11 and 12-14, respectively.
http://www.corporate.globalsources.com/INFO/PRESS/2007/DEC11.HTM
Brookstone, Sears and Staples
Among Buyers Scheduled to Open Exclusive Export Opportunities for
Global Sources Suppliers
HONG KONG, December 4, 2007 Nine buyers with combined annual sales of US$85 billion are scheduled to meet more than 71 promotional gift suppliers from Greater China at Global Sources' (NASDAQ: GSOL) Private Sourcing Event (http://www.privatesourcingevents.com) in Shenzhen on Dec. 6.
http://www.corporate.globalsources.com/INFO/PRESS/2007/DEC04.HTM
Industry News
Greater China's Battery Charger Manufacturers Plan to Expand Production Capacity by 50 Percent China Sourcing Report
HONG KONG, December 27, 2007 - Mainland China and Taiwan's battery charger manufacturers plan to expand production capacity by 50 percent in 2008, according to Global Sources' (NASDAQ: GSOL) China Sourcing Report: Battery Chargers (http://www.chinasourcingreports.com/batterychargers).
Eighty-eight Percent of
China-Based Children Furniture Suppliers Expect to Raise Prices
Global Sources Survey
HONG KONG, December 14, 2007 Due mainly to higher raw material costs and labor shortages, 88 percent of Greater China manufacturers of children's furniture say they plan to raise prices in the next eight months. This is according to Global Sources' (NASDAQ: GSOL) China Sourcing Report: Children's Furniture (http://www.chinasourcingreports.com/childrenfurniturereport).
Majority of mainland China PC Camera Suppliers Expect to Raise Prices, Aim for Top Export Markets with Value-Added Features China Sourcing Report
HONG KONG, Dec. 6, 2007 Forty nine percent of mainland China's PC camera manufacturers plan to raise prices in the next 12 months. Suppliers also plan to further penetrate lucrative export markets with more value-added features. This is according to Global Sources' (NASDAQ: GSOL) China Sourcing Report: PC Cameras (http://www.chinasourcingreports.com/pccameras).
Eighty Percent of Greater China Digital Photo Frame Manufacturers Expect to Lower Prices
HONG KONG, December 3, 2007 Fierce price competition is prompting Greater China manufacturers of digital photo frames to cut prices. Eighty percent of Greater China digital photo frame suppliers say they plan to lower prices in the months ahead, according to Global Sources' (NASDAQ: GSOL) China Sourcing Report: Digital Photo Frames (http://www.chinasourcingreports.com/digitalphotoframesreport).
http://www.corporate.globalsources.com/INFO/PRESS/2007/DEC03.HTM
About Global Sources Global Sources is a leading business-to-business (B2B) media company and a primary facilitator of two-way trade with Greater China. The core business is facilitating trade from Greater China to the world, using a wide range of English-language media. The other key business segment facilitates trade from the world to Greater China using Chinese-language media.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 647,000 active buyers 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 230 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 2 million products and more than 160,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 100 sourcing research reports and nine specialized trade shows which run 22 times a year across seven cities.
Suppliers receive more than 23 million sales leads annually from buyers through Global Sources Online (http://www.globalsources.com) alone.
Global Sources has been facilitating global trade for 36 years. In mainland China it has over 2,000 team members in 44 locations, and a community of over 1 million registered online users and magazine readers for Chinese-language media.
|
ceocfointerviews.com does not purchase or
make
recommendation on stocks based on the interviews published.