SUBSEQUENT EVENTS

3 Months Ended

Dec. 31, 2011

Subsequent Events [Abstract]

Subsequent Events [Text Block]

Note 16 - SUBSEQUENT EVENTS

For the three months ended December 31, 2011, the Company has evaluated subsequent events through February 15, 2012 (date of issue of this consolidated financial statements), for potential recognition disclosure. Except as stated below, there were no other significant events occurred subsequent to the balance sheet date but prior to the filing of this report that would have a material impact on our consolidated financial statements :-

- As stated in Note 15)1) “Capital commitment” above, the agreement to purchase a leasehold property situated in Shenzhen, PRC was cancelled and the deposit already paid of US$785,583 was refunded to the Company in full by the vendor of the leasehold property on February 13, 2012.