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LONG-TERM LAND LEASE PREPAYMENTS, NET
12 Months Ended
Mar. 31, 2012
Contractors [Abstract]  
Long-term Contracts or Programs Disclosure [Text Block]
11. LONG-TERM LAND LEASE PREPAYMENTS, NET
    As of March 31,  
    2012     2011  
    US$’000     US$’000  
             
Prepaid land use rights     5,163       4,252  
Accumulated amortization     (102 )     (3 )
                 
      5,061       4,249  

 

Lease prepayment as of March 31, 2012 and 2011 represented the land use rights for lands located in the PRC, which are amortized over the leasehold periods.

 

Amortization expense for the years ended March 31, 2012 and 2011 were US$98,000 and US$10,000 respectively. The estimated aggregate amortization expense for each of the five succeeding years is US$98,000.