[(212) 701-3491 December 11, 2009 Mr. Larry Spirgel Assistant Director Division of Corporation Finance 100 F Street, NE Re: Global Sources Ltd. Form 20-F for the year ended December 31, 2008 Filed June 26 2009 File No. 000-30678 Dear Mr. Spirgel: On behalf of Global Sources Ltd. (the “Company”), set forth below are the Company’s responses to the Comment Letter]
[(212) 701-3491 December 11, 2009 Mr. Larry Spirgel Assistant Director Division of Corporation Finance 100 F Street, NE Re: Global Sources Ltd. Form 20-F for the year ended December 31, 2008 Filed June 26 2009 File No. 000-30678 Dear Mr. Spirgel: On behalf of Global Sources Ltd. (the “Company”), set forth below are the Company’s responses to the Comment Letter]
[1 NAMES OF REPORTING PERSONS 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) o (a) o (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) OO 5 o 6 CITIZENSHIP OR PLACE OF ORGANIZATION]
[1 NAMES OF REPORTING PERSONS 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) o (a) o (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) OO 5 o 6 CITIZENSHIP OR PLACE OF ORGANIZATION]
[YEAR 2009 / 3 rd QUARTER 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 China to the world, using a] [GLOBAL SOURCES LTD. AND SUBSIDIARIES At At September 30, December 31, 2009 2008 (Unaudited) ASSETS Current Assets: Cash and cash equivalents $ 88,821 $ 70,225 Term deposits with banks 60,088 Available-for-sale securities 6,337 60,786 Accounts receivable, net 3,870 6,025 Receivables from sales representatives 8,076 5,574 Inventory 650 1,306 Prepaid expenses and other current assets]
[YEAR 2009 / 3 rd QUARTER 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 China to the world, using a] [GLOBAL SOURCES LTD. AND SUBSIDIARIES At At September 30, December 31, 2009 2008 (Unaudited) ASSETS Current Assets: Cash and cash equivalents $ 88,821 $ 70,225 Term deposits with banks 60,088 Available-for-sale securities 6,337 60,786 Accounts receivable, net 3,870 6,025 Receivables from sales representatives 8,076 5,574 Inventory 650 1,306 Prepaid expenses and other current assets]
[LLP [Letterhead of Cahill Gordon & Reindel (212) 701-3491 November 20, 2009 Re: Global Sources Ltd. Form 20-F for Fiscal Year Ended December 31, 2008 Filed June 26, 2009 File No. 000-30678 Dear Mr. Spirgel: On behalf of and as counsel to Global Sources Ltd. (the “Company”) and as discussed by telephone earlier today with Melissa Kindelan, we have requested]
[LLP [Letterhead of Cahill Gordon & Reindel (212) 701-3491 November 20, 2009 Re: Global Sources Ltd. Form 20-F for Fiscal Year Ended December 31, 2008 Filed June 26, 2009 File No. 000-30678 Dear Mr. Spirgel: On behalf of and as counsel to Global Sources Ltd. (the “Company”) and as discussed by telephone earlier today with Melissa Kindelan, we have requested]
[LLP [Letterhead of Cahill Gordon & Reindel (212) 701-3491 November 2, 2009 Re: Global Sources Ltd. Form 20-F for Fiscal Year Ended December 31, 2008 Filed June 26, 2009 File No. 000-30678 Dear Mr. Spirgel: On behalf of and as counsel to Global Sources Ltd. (the “Company”) and as discussed by telephone earlier today with Robert S. Littlepage, Jr., we]
[LLP [Letterhead of Cahill Gordon & Reindel (212) 701-3491 November 2, 2009 Re: Global Sources Ltd. Form 20-F for Fiscal Year Ended December 31, 2008 Filed June 26, 2009 File No. 000-30678 Dear Mr. Spirgel: On behalf of and as counsel to Global Sources Ltd. (the “Company”) and as discussed by telephone earlier today with Robert S. Littlepage, Jr., we]
