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LONG-TERM LAND LEASE PREPAYMENTS, NET
6 Months Ended
Sep. 30, 2012
Prepaid Expense, Noncurrent [Abstract]  
Long Term Land Lease Prepayment [Text Block]
12. LONG-TERM LAND LEASE PREPAYMENTS, NET

 

    As of
September 30,
    As of
 March 31,
 
    2012     2012  
    US$’000     US$’000  
             
Prepaid land use rights     5,164       5,163  
Accumulated amortization     (153 )     (102 )
                 
      5,011       5,061  

 

Lease prepayment as of September 30, 2012 and March 31, 2012 represented land use rights located in the PRC, which are amortized over the leasehold periods.

 

Amortization expense for the three months ended September 30, 2012 and 2011 were US$26,000 and US$22,000 respectively, and US$51,000 and US$46,000 for the six months ended September 30, 2012 and 2011, respectively.