Global Sources Board Member Eddie Heng designated as Independent Director and appointed to Compensation Committee

^{Published on 2012-08-26 23:01:30 - Market Wire}
 

Global Sources Board Member Eddie Heng designated as Independent Director and appointed... -- NEW YORK, Aug. 27, 2012 /PRNewswire-Asia/ --

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NEW YORK, Aug. 27, 2012 /PRNewswire-Asia/ -- [ Global Sources Ltd. ] (NASDAQ: [ GSOL ]) announced that its board of directors has reviewed and approved the designation of board member Eddie Heng (who was previously the company's chief financial officer until June 30, 2009) as an independent director, and also the appointment of Heng as an additional member of the company's compensation committee, both with effect from Aug. 20, 2012.

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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 facilitates trade between Asia and the world using English-language media such as online marketplaces ([ http://www.globalsources.com ]), print and digital magazines, sourcing research reports, private sourcing events, trade shows, and online sourcing fairs.

Over 1.18 million international buyers, including 90 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' other businesses provides Chinese-language media to companies selling to and within Greater China. These services include online web sites, print and digital magazines, seminars and trade shows. In mainland China, Global Sources has a network of more than 30 office locations and a community of over 4 million registered online users and magazine readers of its Chinese-language media.

Now in its fifth decade, Global Sources has been publicly listed on the NASDAQ since 2000.

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