form6k.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 or 15d-16
UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For
the month of August 2008
Commission File
Number
000-30678
(Translation
of Registrant's Name into English)
Canon’s
Court
22
Victoria Street
Hamilton,
HM 12, Bermuda
(Address
of Principal Executive Office)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F
or Form
40-F.
Form
20-F....X.... Form 40-F........
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1): ____
Note: Regulation S-T Rule
101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely
to provide an attached annual report to security holders.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7): ____
Note: Regulation S-T Rule
101(b)(7) only permits the submission in paper of a Form 6-K if submitted to
furnish a report or other document that the registrant foreign private issuer
must furnish and make public under the laws of the jurisdiction in which the
registrant is incorporated, domiciled or legally organized (the registrant's
"home country"), or under the rules of the home country exchange on which the
registrant's securities are traded, as long as the report or other document is
not a press release, is not required to be and has not been distributed to the
registrant's security holders, and, if discussing a material event, has already
been the subject of a Form 6-K submission or other Commission filing on
EDGAR.
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....
If "Yes"
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- ________
Changes
in Registrant’s Certifying Accountants
With
effect on August 22, 2008, the Company engaged PricewaterhouseCoopers (“PwC”) to
serve as its new principal independent accountant in connection with the audit
of its financial statements for the financial year ended December 31,
2008. The removal of Ernst & Young LLP and the engagement of PwC
as the Company’s principal independent accountants was recommended by the
Company’s Audit Committee to the Board of Directors on July 14, 2008, based on a
more competitive fee quote having been received from PwC, as compared with Ernst
& Young LLP’s fee quote. The Board of Directors at their meeting
on July 14, 2008 agreed with the Audit Committee’s recommendation, and decided
to convene a special general meeting of the shareholders to consider and approve
the proposed change in the Company’s principal independent
accountants. At the special general meeting of the shareholders held
on August 22, 2008, the shareholders of the Company approved the removal of
Ernst & Young LLP as the Company’s principal independent accountants,
effective August 22, 2008, and the appointment of PwC as the Company’s new
principal independent accountants for the financial year ending December 31,
2008, effective August 22, 2008 until the next annual general meeting of the
Company.
During
its financial year ended December 31, 2007 and 2006 and in the subsequent
interim periods prior to the removal of Ernst & Young LLP with effect on
August 22, 2008, neither the Company nor any of its subsidiaries consulted with
PwC concerning (i) the application of accounting principles to a specific
completed or contemplated transaction, or the type of audit opinion that might
be rendered on the Company’s financial statements and no written or oral advice
was provided by PwC that was an important factor considered by the Company in
reaching a decision as to any accounting, auditing or financial reporting issue,
or (ii) any matter that was either the subject of a disagreement or event, as
set forth in Item 304(a)(1)(iv) of Regulation S-K.
Exhibits
|
Exhibit
1
|
Press
Release dated August 22, 2008
|
Signatures
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
Name: Eddie Heng Teng
Hua
Title: Director and Chief Financial Officer
Date:
August 22, 2008