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Subsequent Events | 6 Months Ended
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Jun. 30, 2012
Subsequent Events | 20. SUBSEQUENT EVENTS On July 24, 2012, the Company, Great Essential, Carlyle Asia Growth Partners III, L.P., and CAGP III Co-Investment, L.P. entered into an amendment, effective as of June 28, 2012, to the $3 million Convertible Promissory Note Transfer Agreement, dated April 28, 2012, the amendment, amongst other things, extended the termination date of the Agreement from June 30, 2012 to August 30, 2012, and extended the maturity date of the 8% Secured Promissory Note, in the principal amount of $3,000,000, from July 28, 2012 to September 26, 2012. In July 2012, Shengda applied for cancellation of its registration with authority. The liquidation process will be completed within 45 days after its announcement on July 5, 2012.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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