|1.||What does Global Sources do?|
Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China.
The core business facilitates trade between Asia and the world using English-language media such as online (GlobalSources.com), trade shows, magazines, and apps.
More than 1 million international buyers, including 95 of the world’s top 100 retailers, use these services to obtain product and company information to help them source more profitably from overseas supply markets. These services also provide suppliers with integrated marketing solutions to build corporate image, generate sales leads and win orders from buyers in more than 240 countries and territories.
Global Sources is also majority shareholder in two China domestic business-to-business trade shows: China International Fashion Brand Fair (Shenzhen) -- one of the largest and most influential fashion exhibitions in Asia, and Shenzhen International Machinery Manufacturing Industry Exhibition and its related shows -- the leading machinery exhibitions in Southern China.
Now in its fifth decade, Global Sources has been publicly listed on the NASDAQ since 2000.
|2.||How long has Global Sources been in business?
| ||45 years.|
|3.||Where is Global Sources headquartered?
| ||Domiciled in Bermuda, Global Sources’ Exhibition business global headquarter is in Hong Kong and online business is in Singapore. To support its large operation in Mainland China, Global Source’ China headquarter is in Shenzhen, Guangdong province.|
|4.||How many team members does Global Sources have?
| ||We have 2,100 team members as of January 2017.|
|5.||When did Global Sources go public and where is it traded?|
| ||Global Sources became public on the Nasdaq National Market on April 14, 2000, under its ticker symbol GSOL.|
|6.||Why did Global Sources list through a reverse merger with Fairchild Corp?|
| ||In March 2000, Global Sources exchanged 100 percent of its shares for a 95 percent stake in Fairchild (Bermuda) Ltd. Through this deal, Global Sources sought a public listing in order to provide an additional source of funds to expand its Internet business. If Global Sources had proceeded with the traditional Initial Public Offering, it would have taken much longer to go public. |
|7.||Does Global Sources issue dividends?|
| ||Global Sources do not issue dividends at this time.|
|8.||Does Global Sources have a direct stock purchase plan?|
| ||The company offers a stock award plan to its team members, but at this time does not offer a direct stock purchase plan. |
|9.||How do I purchase stock in Global Sources?|
| ||GSOL’s common stock can be purchased through any registered broker. |
|10.||How many shares are outstanding?|
| ||Shares issued as at June 30, 2016 : 53,577,282|
Shares outstanding as at June 30, 2016 : 23,914,616
|11.||What was the purpose of the shelf filing?|
| ||In April 2004, Global Sources filed a $300 million shelf registration to enable it to conveniently raise funds. The primary purpose was to give management greater flexibility for various situations that may arise including new business initiatives and merger and/or acquisition opportunities. The company renewed the shelf registration in 2008, 2011 and 2015 by way of Form F-3 filings.|
|12.||Has Global Sources utilized the shelf filing?|
| ||In March 2005 the company completed a registered direct offering of 3,000,000 common shares. The common shares were sold to investors at a purchase price of US$13.50 per share resulting in aggregate gross proceeds to the company of approximately US$40.5 million. WR Hambrecht + Co served as the placement agent for the offering. To date, the company has not utilized the shelf registration other than this registered direct offering.
|13.||What is Global Sources' fiscal year?
| ||The fiscal year ends December 31. |
|14.||Who are Global Sources' principle independent accountants?|
|15.||How can I contact Global Sources? |
| ||Investor contact|
In the US:
44 Montgomery Street, Suite 1310
San Francisco, CA USA
Tel: (415) 433-3777
Fax: (415) 433-5577
Outside of the US:
Tel: (852) 2555-4747
Tel: (852) 2555-5021
Fax: (852) 2518-8764
Stock Transfer Agent
Computershare Investor Services, LLC
655 Montgomery Street, Suite 830
San Francisco, CA 94111
Tel: (415) 677-5008
|16.||How can I get an investor kit?
| ||For immediate access to printer friendly versions of the latest information, please see the Investor Kit on the Investor Overview page.|
If you would like information to be mailed to you, please use the following contacts.
In the US, please forward requests to:
44 Montgomery Street
San Francisco, CA 94104
Outside of the US, please forward requests to:
Tel: (852) 2555-4747
Fax: (852) 2870-0955
You can also use the Information Request form on this website to request an Investor Relations kit.
|17.||Who is on the board of directors?|
| ||Our board of directors currently consists of seven members:|
Merle Hinrich: Executive Chairman
For more information, please see the Management Team section on this website.