Global Sources In $23.1 Mln Contract To Host Trade Shows In AWE Hong Kong

(RTTNews) - Global Sources Ltd.(GSOL) Thursday said has signed $23.1 million worth contract to continue hosting its trade shows at Hong Kong's AsiaWorld-Expo or AWE through 2018.

The company has renewed its contract to host its highly successful trade shows at AWE in Hong Kong in 2017 and 2018. The company will retain the right to host its events twice a year -- in April and October -- at AWE.

Global Sources hosts more than 20 trade shows annually at AsiaWorld-Expo covering various industries. According to the firm, these shows in 2014 attracted nearly 143,000 buyers and featured more than 14,200 booths.

Spenser Au, CEO of Global Sources, said, "We were one of the first tenants to sign with AsiaWorld-Expo Management in 2004 and the new contract represents our commitment to this amazing venue and Hong Kong's trade show industry. Buyers come to our trade shows to meet directly with suppliers they've discovered through our online, print and other integrated media. The shows are a vital part of the unique value we offer our buyer and supplier communities."