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EXCEL - IDEA: XBRL DOCUMENT - China Grand Resorts, Inc.Financial_Report.xls
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EX-21.1 - EXHIBIT 21.1 SUBSIDIARIES OF CHINA GRAND RESORTS INC - China Grand Resorts, Inc.f10k093012_ex21z1.htm
EX-32.1 - EXHIBIT 32.1 SECTION 906 CERTIFICATIONS - China Grand Resorts, Inc.f10k093012_ex32z1.htm
10-K - FORM 10-K ANNUAL REPORT SEPTEMBER 30 2012 - China Grand Resorts, Inc.f10k093012_10k.htm
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EX-31.1 - EXHIBIT 31.1 SECTION 302 CERTIFICATIONS - China Grand Resorts, Inc.f10k093012_ex31z1.htm
v2.4.0.6
Concentration of Credit Risk
12 Months Ended
Sep. 30, 2012
Concentration of Credit Risk  
Concentration of Credit Risk

(3) CONCENTRATION OF CREDIT RISK

 

As at September 30, 2012 and 2011, approximately 99% of the Company’s cash represented cash balances deposited with banks located in the PRC. According to existing PRC laws and regulations, remittance of these cash balances out of the PRC is subject to various restrictions imposed by the PRC government. Remittance of these cash balances out of the PRC is subject to various restrictions imposed by the PRC government.

 

The Company does not have any off-balance-sheet credit exposure as a result of its customers.