Note 5 - Amount Due To And Note Payable To A Shareholder

12 Months Ended

Dec. 31, 2011

Notes To Financial Statements

Amount Due To And Note Payable To A Shareholder

5.         AMOUNT DUE TO AND NOTE PAYABLE TO A SHAREHOLDER

(a)         Amount due to a shareholder

As of December 31, 2011 and 2010, the balance represented temporary advances made by a major shareholder, Mr. Samuel Tsun, to the Company for its working capital purposes, which were unsecured, interest free and with no fixed terms of repayment.

(b)         Note payable to a shareholder

As of December 31, 2011, the note payable due to a major shareholder, Mr. Samuel Tsun, was unsecured, interest free and not repayable within the next twelve months.