sec document
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the Month of August 2002
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GLOBAL SOURCES LTD.
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(Translation of Registrant's Name into English)
41 Cedar Avenue
P.O. Box HM 1179
Hamilton HM EX, Bermuda
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(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F).
Form 20-F....X.... Form 40-F........
(Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934).
Yes........ No....X....
CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Effective August 8, 2002, Arthur Andersen Singapore ("Andersen") resigned as the
independent public accountants for Global Sources Ltd. (the "Company"), and
Ernst & Young Singapore ("E&Y") agreed to act as the Company's new independent
public accountants. The appointment of E&Y was approved by resolution of the
Company's Board of Directors.
Andersen's reports on the Company's consolidated financial statements as of and
for the fiscal years ended December 31, 2001 and December 31, 2000 did not
contain any adverse opinion or disclaimer of opinion, nor were they qualified or
modified as to uncertainty, audit scope, or accounting principles.
During the Company's fiscal years ended December 31, 2001 and December 31, 2000,
and the subsequent interim period through August 8, 2002, there were no
disagreements between the Company and Andersen on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure, which disagreements, if not resolved to Andersen's satisfaction,
would have caused it to make reference to the subject matter of the disagreement
in connection with its reports.
None of the reportable events described under Item 304(a)(1)(v) of Regulation
S-K occurred within the Company's fiscal years ended December 31, 2001 and
December 31, 2000, and the subsequent interim period through August 8, 2002.
During the Company's fiscal years ended December 31, 2001 and December 31, 2000,
and the subsequent interim period through August 8, 2002, the Company did not
consult with E&Y regarding any of the matters or events set forth in Item
304(a)(2)(i) and (ii) of Regulation S-K.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
GLOBAL SOURCES LTD.
(Registrant)
By:/s/ Eddie Heng Teng Hua
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Name: Eddie Heng Teng Hua
Title: Director and Chief Financial Officer
Dated: August 9, 2002