-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AdspfT9yLnAwAZQMxQgd5Yl0sSoSqlZ3AVLChygUukTW11LNdzNxfT0uKyM3EYIH 6fsjeVuRb0pnw1Ptjajfcg== 0001144204-08-039122.txt : 20080709 0001144204-08-039122.hdr.sgml : 20080709 20080709103147 ACCESSION NUMBER: 0001144204-08-039122 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080703 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080709 DATE AS OF CHANGE: 20080709 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Sino-Global Shipping America, Ltd. CENTRAL INDEX KEY: 0001422892 STANDARD INDUSTRIAL CLASSIFICATION: ARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO [4731] IRS NUMBER: 261241372 STATE OF INCORPORATION: VA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34024 FILM NUMBER: 08944159 BUSINESS ADDRESS: STREET 1: 36-09 MAIN STREET STREET 2: SUITE 9C-2 CITY: FLUSHING STATE: NY ZIP: 11354 BUSINESS PHONE: 718-888-1814 MAIL ADDRESS: STREET 1: 36-09 MAIN STREET STREET 2: SUITE 9C-2 CITY: FLUSHING STATE: NY ZIP: 11354 8-K 1 v119450_8k.htm
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
FORM 8-K
 

 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
 
Date of report (date of earliest event reported): July 3, 2008
 

 
SINO-GLOBAL SHIPPING
AMERICA, LTD.
(Exact name of registrant as specified in its charter)
 


 
Virginia
 
001-34024
 
11-3588546
(State or Other Jurisdiction
of Incorporation)
 
(Commission File Number)
 
(IRS Employer
Identification No.)

36-09 Main Street
Suite 9C-2
Flushing, NY 11354
(Address of principal executive offices and zip code)

(718) 888-1814
(Registrant’s telephone number, including area code)
 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

 
ITEM 8.01
OTHER EVENTS.
 
On July 9, 2008, the Registrant issued a press release announcing that it formed a wholly-owned subsidiary in Australia on July 3, 2008 to serve the needs of customers shipping into and out of Western Australia. A copy of the press release is attached as Exhibit 99.1 hereto.
 
ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS.
 
(a) Financial statements of businesses acquired.
 
Not Applicable.
 
(b) Pro forma financial information.
 
Not Applicable.
 
(c) Shell company transactions.
 
Not Applicable.
 
(d) Exhibits.
 
99.1
Press release, dated July 9, 2008, titled “Sino-Global Announces Establishment of New Subsidiary in Perth, Australia”.
 

 
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
     
 
SINO-GLOBAL SHIPPING AMERICA, LTD.
 
 
 
 
 
 
  By:   /s/ Cao Lei
 
Cao Lei
 
Chief Executive Officer

Dated: July 9, 2008
 

 
EX-99.1 2 v119450_ex99-1.htm
Sino-Global Announces Establishment of New Subsidiary in Perth, Australia

BEIJING, July 9 /Xinhua-PRNewswire/ -- Sino-Global Shipping America, Ltd. (Nasdaq: SINO) (“Sino-Global”), a leading, non-state-owned provider of shipping agency services in China, today announced it has established its first operating subsidiary outside of China, Sino-Global Shipping Australia Pty, Ltd. (“Sino-Global Australia”) in Perth, Australia. In addition to the unloading ports Sino-Global currently services in China, Sino-Global Australia will enable the company to expand its offering of comprehensive shipping agency services into loading ports in Western Australia.

“We’re committed to building a platform that reduces our customers’ costs, simplifies shipping procedures and differentiates Sino-Global from our competitors,” said Mr. Lei Cao, Sino-Global’s chief executive officer. “Since we began providing shipping agency services to Chinese companies in 2001, China’s growing need for iron ore has increased the number of ships that our clients operate out of Western Australian ports. Establishing this new subsidiary in Perth is a key component of our development strategy and will allow us to provide our full range of shipping agency services to our current and future customers on both ends of the shipping process.”

Sino-Global Australia will offer shipping agency services surrounding the entire shipping process to ships entering and leaving some of Western Australia’s busiest ports, including Dampier, Hedland and Walcott. The company also noted that it expects the new subsidiary to enhance service to its existing clients, especially those operating in the steel industry, and to attract new business opportunities.

Australia has become the world’s largest iron ore exporter to China. According to statistics from China Customs, approximately 145 million tons of iron ore, or 36 percent of the overall 400 million tons imported into China, were transported from Western Australia in 2007. Perth is the capital and largest city of Western Australia.

About Sino-Global Shipping America, Ltd.

Registered in the United States in 2001 and operating primarily in Mainland China, Sino-Global is a leading, non-state-owned provider of high-quality shipping services. With local branches in five of China’s 76 ports and contractual arrangements in all those where it does not have branch offices, Sino-Global is able to offer efficient, high-quality services to shipping companies entering Chinese ports.

Sino-Global provides comprehensive yet customized shipping services to ship owners, operators and charters including intelligence, planning, real-time analysis and on-the-ground implementation and logistics support. Sino-Global has achieved both ISO9000 and UKAS certifications.

Forward Looking Statements

No statement made in this press release should be interpreted as an offer to purchase any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties as identified in Sino-Global’s filings with the Securities and Exchange Commission. Actual results, events or performance may differ materially. Readers are cautioned not to place undo reliance on these forward-looking statements, which speak only as the date hereof. Specifically, Sino-Global cannot guarantee that the establishment of a subsidiary in Australia, the commencement of operations in Australia or any planned expansion of services will produce any revenues or meet the prospects referenced herein. Sino-Global undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
 
 
 

 

For investor and media inquiries, please contact: 

In the United States: 
Ms. Manxi Liu 
Ogilvy Financial, New York 
Tel:   +1-212-880-5361 
Email: Manxi.Liu@ogilvypr.com 

In China: 
Ms. Flora Tian 
Ogilvy Financial, Beijing 
Tel:   +86-10-8520-6524 
Email: Flora.Tian@ogilvy.com 
 
 
 

 
 
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