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Press Release - Global Sources (GSOL-NASDAQ-GS)

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“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)

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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

  • Global Sources Announces Bonus Share Issue
  • Global Sources Completes Sale of its Equity Stake in HC International, Inc.
  • Global Sources Signs Agreement to Sell its Equity Interests in HC International, Inc.

 

Trade Shows & Events

  • Chengdu Hi-Tech Zone to Endorse Global Sources' International IC-China Conference & Exhibition
  • First China Sourcing Fairs: Fashion Accessories and Baby & Children's Products in Shanghai Attract More than 5,400 Local and International Buyers
  • Over 24,000 Visitors Explore International and Domestic Franchise Opportunities at Franchising China Exhibition
  • Over 10,000 Buyers Pre-registered for New China Sourcing Fairs: Baby & Children's Products and Fashion Accessories in Shanghai
  • Global Buying Giants Including Metro, Sears and Target Converge on Shanghai for Global Sources' Private Sourcing Events and China Sourcing Fairs
  • Brookstone, Sears and Staples Among Buyers Scheduled to Open Exclusive Export Opportunities for Global Sources Suppliers

 

 

Industry News

  • Greater China's Battery Charger Manufacturers Plan to Expand Production Capacity by 50 Percent – China Sourcing Report
  • Eighty-eight Percent of China-Based Children Furniture Suppliers Expect to Raise Prices – Global Sources Survey
  • Majority of mainland China PC Camera Suppliers Expect to Raise Prices, Aim for Top Export Markets with Value-Added Features – China Sourcing Report
  • Majority of mainland China PC Camera Suppliers Expect to Raise Prices, Aim for Top Export Markets with Value-Added Features – China Sourcing Report
  • Eighty Percent of Greater China Digital Photo Frame Manufacturers Expect to Lower Prices

 

 

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:

  • Tuesday, Jan. 8 at 1:50 p.m. MT / 3:50 p.m. ET at the Citi Investment Research 18th Annual Global Entertainment, Media and Telecommunications Conference. The conference will be held at the Arizona Biltmore Resort & Spa in Phoenix. Chairman and CEO, Merle A. Hinrichs, is scheduled to present.
  • Wednesday, Jan. 9 at 8:00 a.m. ET at the Needham 10th Annual Growth Conference. The conference will be held at the New York Palace Hotel in New York City. Executive Vice President of Corporate Development, James Strachan, is scheduled to present.
  • Monday, Jan. 14 through Thursday, Jan.17, at the CLSA Asia Investors Forum 2008. The conference is to be held at the Four Seasons in Las Vegas. Hinrichs is scheduled to present.

 

Global Sources Announces Bonus Share Issue
Company Adjusts 2007 EPS Guidance and 2006 Actual EPS to Reflect Additional Shares

 

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.
- Company records a realized gain of approximately US$2.0 million –

 

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.
– Completion of the Share Sale to Result in a Gain of Approximately US$2.0 Million –

 

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
China's Largest IC and Semiconductor Design Event Readies to Expand to Chengdu in February 2008

 

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
Global Sources Specialized Fairs to be Held in Guangzhou, Shanghai, Hong Kong and Dubai in 2008

 

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
Product Safety First: Fairs to Feature Free Seminars on Quality Control and Design Requirements of Children's Products

 

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
Events to Create Trade Opportunities for Furniture, Fashion Accessories, Baby and Children's Products Suppliers and Buyers

 

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
Nine Buyers with US$85 Billion in Combined Annual Sales Are Scheduled to Meet 71 Greater China Promotional Gift Suppliers at Private Sourcing Event in Shenzhen

 

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
Labor Shortages, Higher Raw Material Costs Among Top Drivers

 

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.





    

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