XML 103 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 16 - Due to related parties
6 Months Ended
Jun. 30, 2012
Due To Related Parties Disclosure [Text Block]
16.  
Due to related parties

   
June 30,
2012
   
December 31,
2011
 
   
US$(’000)
   
US$(’000)
 
   
(Unaudited)
       
             
Beijing Saimeiwei Food Equipments Technology Co., Ltd
    -       4  
Due to legal (nominal) shareholders of Shanghai Jing Yang
    -       157  
      -       161  

Shanghai Jing Yang was incorporated in December 2009 by the Company’s senior management, prior to entering into the Contractual Agreements with the Company (see Note 1), the legal shareholders contributed RMB1,000,000 (approximately US$157,000) as the original paid-in capital of Shanghai Jing Yang upon incorporation, which was returned to the legal shareholders of Shanghai Jing Yang during the six months ended June 30, 2012.