[FORM 20-F (Mark One) OR [ X ] for the fiscal year ended December 31, 2015. OR OR from ....................................... to ............................................ GLOBAL SOURCES LTD. Global Sources Ltd. Bermuda (Jurisdiction of incorporation or organization) Canon’s Court 22 Victoria Street Hamilton, HM 12 Bermuda Connie Lai, Chief Financial Officer Telephone: (852) 25554864 E-mail: connielai@globalsources.com Facsimile: (852) 28700955 Global Sources Ltd. c/o] [Letter of Intent for Assignment of Property of the 50 th Floor of Shenzhen International Chamber of Commerce Tower The Vendor (“Party A”): Global Sources Properties (Shenzhen) Co., Ltd. Company Registration No.: 440301503236702 Authorized Representative: Sandy Ng Company Address: rd 35 Floor, Shenzhen International Chamber of Commerce Tower, No.168 Fuhua 3 The Purchaser (“Party B”): Shenzhen Sihai Hengtong Investment Holding] [Tripartite Escrow Agreement Agreement th This Tripartite Escrow Agreement (hereinafter referred to as “ Party A: Global Sources Properties (Shenzhen) Co., Ltd. Company Registered No.:440301503236702 Authorized Representative: Sandy Ng rd Company Address: 35 Floor, Shenzhen International Chamber of Commerce Tower, No.168 Fuhua 3 Party B: Shenzhen Sihai Hengtong Investment Holding Group Co. Ltd. Company Registered No.:440301109864653 Authorized Representative: Chen Shaozhen] [Letter of Agreement Party A: Global Sources Properties (Shenzhen) Co., Ltd. Company Registration No.: 440301503236702 Authorized Representative: Sandy Ng Party B: Shenzhen Sihai Hengtong Investment Holding Group Co., Ltd. Company Registration No.: 440301109864653 Authorized Representative: Huang Chunxiang Party C: Shenzhen Sihai Hengtong Property Co., Ltd. Company Registration No.: 440301109337146 Authorized Representative: Huang Chunxiang Party Parties (Party A, Party B and] [The Declaration regarding Payment on behalf of others To Global Sources Properties (Shenzhen) Co., Ltd. (your company): Declarant July 7 th , 2015 Payment Shenzhen Sihai Hengtong Property Co., Ltd. 440301109337146 Beneficiary th Property It is confirmed that the payment, RMB 20,000,000, paid by Shenzhen Sihai Hengtong Investment Holding Group Co., Ltd. (hereinafter referred to as the “ The Declarant] [Second-Hand Real Estate Sales Contract of Shenzhen Municipality Shen ( Fu ) Fang Xian Mai Zi ( 2015 ) No.18783 Notice For the purpose of protecting legitimate rights and interests of the vendor and the purchaser, parties are recommended to read the following contents carefully before executing this contract: 1. Text of this contract is generated from “Shenzhen Second Hand] [The Supplementary Agreement of Assignment of Property of the 50 th Floor of Shenzhen International Chamber of Commerce Tower Party A: Party B: Sales Contract th , Property Price Whereas Party A and Party B have executed eight (8) sets of Second-Hand Real Estate Sales Contract of ShenZhen Municipality (hereinafter referred to as “ , The Supplementary Agreement of Assignment] [The Supplementary Agreement of Assignment of Property of the 50 th Floor of Shenzhen International Chamber of Commerce Tower Party A: Party B: Sales Contract th Property Price Whereas Party A and Party B have executed eight (8) sets of Second-Hand Real Estate Sales Contract of ShenZhen Municipality (hereinafter referred to as “ , The Supplementary Agreement of Assignment of] [Second-Hand Real Estate Sales Contract of Shenzhen Municipality Shen ( Fu ) Fang Xian Mai Zi ( 2015 ) No.18783 Notice For the purpose of protecting legitimate rights and interests of the vendor and the purchaser, parties are recommended to read the following contents carefully before executing this contract: 1. Text of this contract is generated from “Shenzhen Second Hand] [Letter of Agreement Party A: Global Sources Properties (Shenzhen) Co., Ltd. Company Registration No.: 440301503236702 Authorized Representative: Sandy Ng Party B: Shenzhen Sihai Hengtong Investment Holding Group Co., Ltd. Company Registration No.: 440301109864653 Authorized Representative: Huang Chunxiang Party C: Shenzhen Sihai Hengtong Property Co., Ltd. Company Registration No.: 440301109337146 Authorized Representative: Huang Chunxiang Party Parties (Party A, Party B and] [Escrow Agreement of the Transaction Funds for Property Sale and Purchase 201575557602 No. Party A The Vendor (“ Legal Representative: Sandy Ng rd Company Address: 35th Floor, Shenzhen International Chamber of Commerce Tower, No.168 Fuhua 3 Telephone: 0755-8828 2888 Party B The Purchaser (“ Legal Representative: Huang Chunxiang Company Address: Room 1510 , Excellent Times Square, Futian District, Shenzhen Telephone:] [Escrow Agreement of the Transaction Funds for Property Sale and Purchase 201575557602 No. Party A The Vendor (“ Legal Representative: Sandy Ng rd Company Address: 35th Floor, Shenzhen International Chamber of Commerce Tower, No.168 Fuhua 3 Telephone: 0755-8828 2888 Party B The Purchaser (“ Legal Representative: Huang Chunxiang Company Address: Room 201, Block A, No.1 Qianwan Road 1, Qianhai Shenzhen-Hong] [Summary Table of Property Units and Prices. th Name of Office Building: 50 Intersection of Yitian Road and Fuhua 3rd Road, Futian District, Shenzhen,China Office Building Details Floor No. of Unit Gross Area (M(2)) In RMB In USD In RMB In USD Unit Price(sqm) Unit Price(sqm) Total Amount Total Amount 50 5001 249.21 63,500.00 9,937.40 15,824,835.00 2,476,500.00 5002 123.71 63,500.00] [SUBSIDIARIES OF GLOBAL SOURCES LTD. (as of February 29, 2016) Name Jurisdiction of Organization 1. 2B HK Limited Hong Kong 2. A.S. Mediaconsult Limited Republic of Cyprus 3. ASM Business Services Limited Cayman Islands 4. Beijing Chuangyu Advertising Co., Ltd. 5. Beijing EDN Advertising Production Co., Ltd. People’s Republic of China People’s Republic of China 6. China Magic Sourcing Limited] [I, Merle A. Hinrich, certify that: 1. I have reviewed this annual report on Form 20-F of Global Sources Ltd. 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were] [I, Connie Lai, certify that: 1. I have reviewed this annual report on Form 20-F of Global Sources Ltd. 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made,] [Certification Section 906 of the Sarbanes-Oxley Act of 2002 Dated: April 26, 2016 Merle A. Hinrich Director and Executive Chairman EX-13.1 17 ex13_1.htm CERTIFICATION BY THE EXECUTIVE CHAIRMAN] [Certification Section 906 of the Sarbanes-Oxley Act of 2002 Dated: April 26, 2016 Connie Lai Chief Financial Officer EX-13.2 18 ex13_2.htm CERTIFICATION BY THE CHIEF FINANCIAL OFFICER] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We hereby consent to the incorporation by reference in the Registration Statements on Form S-8 (No. 333-104426, 333-59058, 333-138474 and 333-202510) and Form F-3/A (No. 333-204083) of Global Sources Ltd. of our report dated April 6, 2016 relating to the financial statements and the effectiveness of internal control over financial reporting, which appears] [Global Sources Ltd nd 22 Vita Tower 29 Wong Chuk Hang Road Aberdeen Hong Kong Freddie Ling fling@savills.com.hk E: DL: (852) 2842 4297 F: (852) 2530 0756 23/F Two Exchange Square Central, Hong Kong EA LICENCE: C-023750 T: (852) 2801 6100 savills.com 5 February 2016 Our Ref: GV/2016/VPS/0049(L1)/FL/JT/DY/cl Dear Sirs RE: 1) TH TH ST UNITS 21-28 ON 26 2)] [Our Ref: 2016/17/PTE/JT 28 January 2016 Global Sources Ltd nd 22 Vita Tower 29 Wong Chuk Hang Road Aberdeen Hong Kong Media Data Systems Pte Ltd 1 Sims Lane #08-01 One Sims Lane Singapore 387355 Savills Valuation and Professional Services (S) Pte Ltd Reg No.: 200402411G 30 Cecil Street #20-03 Prudential Tower Singapore 049712 T: (65) 6836 6888 F: (65)]