PROPERTY AND EQUIPMENT, NET

3 Months Ended

Jan. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

8.  PROPERTY AND EQUIPMENT, NET

Property and equipment and related accumulated depreciation as of January 31, 2012 and October 31, 2011 were as follows:

	2012			2011
	US$			US$
Machinery and equipment		3,762,331			3,710,282
Office equipment and furnishings		67,283			66,352
Motor vehicles		57,555			56,759
Total:		3,887,169			3,833,393
Less: Accumulated depreciation		(2,182,837	)		(2,054,409	)
Net book value		1,704,332			1,778,984

Depreciation expense for the three months ended January 31, 2012 and 2011 was $98,910 and $94,091, respectively, of which $94,379 and $89,969 were included as a component of cost of goods sold in the respective periods.  

No assets were pledged for borrowings as of January 31, 2012 and October 31, 2011.