SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENT FILED PURSUANT TO
RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b)
(Amendment No. 1)*
Global Sources Ltd.
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(Name of Issuer)
COMMON SHARES, $.01 PAR VALUE PER SHARE
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(Title of Class of Securities)
G39300 10 1
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(CUSIP Number)
December 31, 2000
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(Date of Event Which Requires Filing of this Statement)
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Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
/ / Rule 13d-1(b)
/X/ Rule 13d-1(c)
/ / Rule 13d-1(d)
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* The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
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CUSIP No. G39300 10 1 13G Page 2 of 5 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Harrington Trust Limited
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OR ORGANIZATION
Bermuda
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 2,572,038 shares
OWNED BY
EACH
REPORTING -----------------------------------------------------------------
PERSON WITH
6 SHARED VOTING POWER
0 shares
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7 SOLE DISPOSITIVE POWER
2,572,038 shares
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8 SHARED DISPOSITIVE POWER
0 shares
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
2,572,038 shares
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* |_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.8%
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12 TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. G39300 10 1 13G Page 3 of 5 Pages
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Item 1.
(a) Name of Issuer: Global Sources Ltd.
(b) Address of Issuer's Registered Offices:
Cedar House
41 Cedar Avenue
Hamilton HM 12
Bermuda.
Item 2.
(a) Name of Person Filing: Harrington Trust Limited (the
"Reporting Person")
(b) Address of Principal Business Office, or if none, Residence:
Cedar House
41 Cedar Avenue
Hamilton HM 12
Bermuda.
(c) Place of Organization: Bermuda
(d) Title of Class of Securities: Common Shares
(e) CUSIP Number: G39300 10 1
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b) or (c), check whether the person filing is a:
Not Applicable
(a) / / Broker or dealer registered under Section 15 of the
Exchange Act.
(b) / / Bank as defined in section 3(c)(6) of the Exchange
Act.
(c) / / Insurance company as defined in section 3(a)(19) of
the Exchange Act.
(d) / / Investment company registered under section 8 of the
Investment Company Act.
(e) / / An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) / / An employee benefit plan or endowment fund in
accordance with Rule 13d-1(b)(1)(ii)(F).
(g) / / A parent holding company or control person in
accordance with Rule 13d-1(b)(1)(ii)(G).
(h) / / A savings association as defined in Section 3(b) of
the Federal Deposit Insurance Act;
(i) / / A church plan that is excluded from the definition of
an investment company under Section 3(c)(14) of the
Investment Company Act.
(j) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Item 4. Ownership
(a) Amount Beneficially Owned: 2,572,038 shares.
(b) Percent of Class: 9.8%.
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CUSIP No. G39300 10 1 13G Page 4 of 5 Pages
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(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote: 2,572,038
shares.
(ii) shared power to vote or direct the vote: 0 shares.
(iii) sole power to dispose or direct the disposition of:
2,572,038 shares.
(iv) shared power to dispose or direct the disposition of:
0 shares.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
The Reporting Person, a company organized pursuant to the laws
of Bermuda, is the trustee of The Global Sources Employee
Equity Compensation Trust (the "Trust"). The Reporting Person
administers the monies and other assets of the Trust. By
virtue of its position as trustee of the Trust, the Reporting
Person has the power to vote and dispose of the Issuer's
Shares owned by the Trust.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company.
Not Applicable.
Item 8. Identification and Classification of Members of the Group.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired
and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the
securities and were not acquired and are not held in
connection with or as a participant in any transaction having
that purpose or effect.
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CUSIP No. G39300 10 1 13G Page 5 of 5 Pages
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SIGNATURE
After reasonable inquiry and to the best of its knowledge and
belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: 13 February 2001 HARRINGTON TRUST LIMITED
By: /s/ John Harper
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Name: John Harper
Title: Director