[CUSIP No. G 39300 101 (1) NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Merle A. Hinrichs (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) ¨ x (a) (3) SEC USE ONLY (4) SOURCE OF FUNDS N/A (5) ¨ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Saint Kitts and Nevis Number of]
[_________________ Amendment No. 2 to Schedule TO Tender Offer Statement under Section _________________ GLOBAL SOURCES LTD. (Issuer) (Name of Subject Company (Issuer) and Name of Filing Person (Offeror)) Common Shares, Par Value $0.01 Per Share (Title of Class of Securities) G 39300 101 (CUSIP Number of Class of Securities) Chan Hoi Ching Company Secretary Global Sources Ltd. 22/F Vita Tower]
[Global Sources Ltd. Canon’s Court 22 Victoria Street Hamilton HM 12, Bermuda ______________ NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS To Be Held on June 20, 2014 ______________ To Our Shareholders: th NOTICE IS HEREBY given that an annual general meeting (the “Annual General Meeting”) of the shareholders of Global Sources Ltd. (the “Company”) will be held on June 20,] [FINANCIAL HIGHLIGHTS (In U.S. Dollars Thousands, Except Number of Shares and Per Share Data) Year Ended December 31 Year Ended December 31 CONSOLIDATED STATEMENT OF OPERATIONS 2013 2012 % Change Revenue $ 197,522 $ 231,740 (15 ) Sales costs 61,958 80,354 23 Event production 24,403 26,250 7 Community and content 27,481 32,696 16 General and administrative 50,272 44,281 (14 )] []
[st YEAR 2014 / 1 RESULTS OF OPERATIONS OF GLOBAL SOURCES LTD. The following discussion of our financial condition and results of operations should be read in conjunction with the accompanying financial statements. Overview We are 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] [GLOBAL SOURCES LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In U.S. Dollars Thousands, Except Number of Shares and Per Share Data) As at March 31, As at December 31, 2014 2013 (Unaudited) ASSETS Current assets Cash and cash equivalents $ 139,184 $ 137,359 Term deposits with banks 4,059 106 Financial assets, available-for-sale 1,359 6,367 Accounts receivables, net 2,715 3,122 Receivables from] []
[st YEAR 2014 / 1 RESULTS OF OPERATIONS OF GLOBAL SOURCES LTD. The following discussion of our financial condition and results of operations should be read in conjunction with the accompanying financial statements. Overview We are 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] [GLOBAL SOURCES LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In U.S. Dollars Thousands, Except Number of Shares and Per Share Data) As at March 31, As at December 31, 2014 2013 (Unaudited) ASSETS Current assets Cash and cash equivalents $ 139,184 $ 137,359 Term deposits with banks 4,059 106 Financial assets, available-for-sale 1,359 6,367 Accounts receivables, net 2,715 3,122 Receivables from] []
[_________________ Amendment No. 1 to Schedule TO Tender Offer Statement under Section _________________ GLOBAL SOURCES LTD. (Issuer) (Name of Subject Company (Issuer) and Name of Filing Person (Offeror)) Common Shares, Par Value $0.01 Per Share (Title of Class of Securities) G 39300 101 (CUSIP Number of Class of Securities) Chan Hoi Ching Company Secretary Global Sources Ltd. 22/F Vita Tower]
[] [THE BOARD OF DIRECTORS OF THE COMPANY HAS APPROVED THE OFFER. HOWEVER, NEITHER THE COMPANY NOR ITS BOARD OF DIRECTORS MAKES ANY RECOMMENDATION TO SHAREHOLDERS AS TO WHETHER TO TENDER OR REFRAIN FROM TENDERING THEIR SHARES. YOU SHOULD READ CAREFULLY THE INFORMATION IN THIS OFFER TO PURCHASE, INCLUDING OUR REASONS FOR MAKING THE OFFER, AND IN THE LETTER OF TRANSMITTAL] [LETTER OF TRANSMITTAL To Tender Shares of its Common Shares, Par Value $0.01 Per Share At a Purchase Price of $10.00 Per Share of GLOBAL SOURCES LTD. THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON MAY 28, 2014, UNLESS GLOBAL SOURCES EXTENDS THE OFFER. The Depositary for the Offer is: By] [Notice of Guaranteed Delivery for Offer to Purchase for Cash Up to 5,000,000 Shares of its Common Shares At a Purchase Price of $10.00 Per Share by GLOBAL SOURCES LTD. THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON MAY 28, 2014, UNLESS GLOBAL SOURCES LTD. EXTENDS THE OFFER. As set forth] [Offer to Purchase for Cash Up to 5,000,000 Shares of its Common Shares At a Purchase Price of $10.00 Per Share by GLOBAL SOURCES LTD. THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON MAY 28, 2014 UNLESS GLOBAL SOURCES LTD. EXTENDS THE OFFER. April 30, 2014 To Brokers, Dealers, Commercial Banks,] [Offer to Purchase for Cash Up to 5,000,000 Shares of its Common Shares by GLOBAL SOURCES LTD. THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON MAY 28, 2014, UNLESS GLOBAL SOURCES EXTENDS THE OFFER April 30, 2014 To Our Clients: All Shares properly tendered before the Expiration Date (as defined in] [Press Contact in Asia Investor Contact in Asia Camellia So Connie Lai Tel: (852) 2555-5021 Tel: (852) 2555-4747 cso@globalsources.com e-mail: investor@globalsources.com e-mail: . Press Contact in U.S . Investor Contact in U.S Brendon Ouimette Cathy Mattison Tel: (1-480) 664-8309 LHA bouimette@globalsources.com e-mail: Tel: (1-415) 433-3777 cmattison@lhai.com e-mail: Global Sources commences tender offer NEW YORK April 30, 2014 Global Sources Ltd] [SUMMARY TERM SHEET We are providing this summary term sheet for your convenience. It highlights material information in the Offer to Purchase, but you should realize that it does not describe all of the details of the Offer to the same extent described in the Offer to Purchase. We recommend that you read the entire Offer to Purchase and the] [Form of Notice to Team Members Dear Team Member, “Global Sources” “Company” Shares As you will see from the attached press release dated April 30, 2014, Global Sources Ltd. ( “Trustee” This Tender Offer applies to all Global Sources shareholders, including Global Sources Team Members (present or past) who have Shares held in trust by Appleby Services (Bermuda) Ltd. (the]
[] [THE BOARD OF DIRECTORS OF THE COMPANY HAS APPROVED THE OFFER. HOWEVER, NEITHER THE COMPANY NOR ITS BOARD OF DIRECTORS MAKES ANY RECOMMENDATION TO SHAREHOLDERS AS TO WHETHER TO TENDER OR REFRAIN FROM TENDERING THEIR SHARES. YOU SHOULD READ CAREFULLY THE INFORMATION IN THIS OFFER TO PURCHASE, INCLUDING OUR REASONS FOR MAKING THE OFFER, AND IN THE LETTER OF TRANSMITTAL] [LETTER OF TRANSMITTAL To Tender Shares of its Common Shares, Par Value $0.01 Per Share At a Purchase Price of $10.00 Per Share of GLOBAL SOURCES LTD. THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON MAY 28, 2014, UNLESS GLOBAL SOURCES EXTENDS THE OFFER. The Depositary for the Offer is: By] [Notice of Guaranteed Delivery for Offer to Purchase for Cash Up to 5,000,000 Shares of its Common Shares At a Purchase Price of $10.00 Per Share by GLOBAL SOURCES LTD. THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON MAY 28, 2014, UNLESS GLOBAL SOURCES LTD. EXTENDS THE OFFER. As set forth] [Offer to Purchase for Cash Up to 5,000,000 Shares of its Common Shares At a Purchase Price of $10.00 Per Share by GLOBAL SOURCES LTD. THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON MAY 28, 2014 UNLESS GLOBAL SOURCES LTD. EXTENDS THE OFFER. April 30, 2014 To Brokers, Dealers, Commercial Banks,] [Offer to Purchase for Cash Up to 5,000,000 Shares of its Common Shares by GLOBAL SOURCES LTD. THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON MAY 28, 2014, UNLESS GLOBAL SOURCES EXTENDS THE OFFER April 30, 2014 To Our Clients: All Shares properly tendered before the Expiration Date (as defined in] [Press Contact in Asia Investor Contact in Asia Camellia So Connie Lai Tel: (852) 2555-5021 Tel: (852) 2555-4747 cso@globalsources.com e-mail: investor@globalsources.com e-mail: . Press Contact in U.S . Investor Contact in U.S Brendon Ouimette Cathy Mattison Tel: (1-480) 664-8309 LHA bouimette@globalsources.com e-mail: Tel: (1-415) 433-3777 cmattison@lhai.com e-mail: Global Sources commences tender offer NEW YORK April 30, 2014 Global Sources Ltd] [SUMMARY TERM SHEET We are providing this summary term sheet for your convenience. It highlights material information in the Offer to Purchase, but you should realize that it does not describe all of the details of the Offer to the same extent described in the Offer to Purchase. We recommend that you read the entire Offer to Purchase and the] [Form of Notice to Team Members Dear Team Member, “Global Sources” “Company” Shares As you will see from the attached press release dated April 30, 2014, Global Sources Ltd. ( “Trustee” This Tender Offer applies to all Global Sources shareholders, including Global Sources Team Members (present or past) who have Shares held in trust by Appleby Services (Bermuda) Ltd. (the]
