As of January 27, 2009, ChinaGrowth South Acquisition CORP was acquired by Olympia Media Holdings Limited, in a reverse merger transaction. ChinaGrowth South Acquisition Corporation does not have significant operations. It intends to acquire share capital exchange, asset acquisition or other similar business combination with its primary operating facilities located in the Peoples Republic of China. The company was founded in 2006 and is based in Shanghai, the Peoples Republic of China.