Note 21 - Dividend payable

12 Months Ended

Dec. 31, 2012

Dividend Payable [Text Block]

21.   Dividend payable

	As of December 31,
	2012		2011
	US$(’000)		US$(’000)
Dividend payable to Series A convertible stock holders		-		5

Dividend to Series A convertible preferred stockholders was accrued at the per annum rate of 10% and calculated based on US$2.5 per share liquidation preference and the actual number of days of each share of the Series A convertible preferred stock outstanding for each of the reporting periods. On August 21, 2011, all of the Company’s outstanding Series A convertible preferred stock, which had not been voluntarily converted into the Company’s common shares, were fully converted into the Company’s common shares under the mandatory conversion clause entered into by and between the Company and its Series A convertible preferred stockholders. For the years ended December 31, 2012 and 2011, the Company paid dividends of approximately US$5,000 and US$657,000 to its Series A convertible preferred stockholders, respectively.