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|  ̈ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 |
|--------|---------------------------------------------------------------------------------------------|

|  ̈ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 |
|--------|----------------------------------------------------------------------------------------------|

| NEVADA                          | 75-3026459                                |
|---------------------------------|-------------------------------------------|
| (State or other jurisdiction of | (I.R.S. Employer Identification No.) |
| incorporation or organization)  |                                      |

|                                     | (Zip code) |
|------------------------------------------|------------|
| Room 901, Haleson Building               |       |
| 1 Jubilee Street                         |       |
| Central, Hong Kong                       |       |
| (Address of principal executive offices) |       |

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|         |                                                                                                                              | Page             |
|--------------|-----------------------------------------------------------------------------------------------------------------------------------|------------------|
|         | PART I— FINANCIAL INFORMATION                                                                                               |             |
|         |                                                                                                                              |             |
| Item 1  | Financial Statements (Unaudited)                                                                                                  |             |
|         |                                                                                                                              |             |
|         | Condensed Consolidated Balance Sheets as of March 31, 2011 and September 30, 2010                                                 | F-2              |
|         |                                                                                                                              |             |
|         | Condensed Consolidated Statements of Operations And Comprehensive Loss for the Three and Six Months ended March 31, 2011 and 2010 | F-3              |
|         |                                                                                                                              |             |
|         | Condensed Consolidated Statements of Cash Flows for the Six Months ended March 31, 2011 and 2010                                  | F-4              |
|         |                                                                                                                              |             |
|         | Condensed Consolidated Statement of Stockholders’ Deficit for the Six Months ended March 31, 2011                           | F-5              |
|         |                                                                                                                              |             |
|         | Notes to Condensed Consolidated Financial Statements                                                                              | F-6 – F-11 |
|         |                                                                                                                              |             |
| Item 2  | Management’s Discussion and Analysis of Financial Condition and Results of Operation                                        | 3                |
|         |                                                                                                                              |             |
| Item 3  | Quantitative and Qualitative Disclosures About Market Risk                                                                        | 5                |
|         |                                                                                                                              |             |
| Item 4T | Controls and Procedures                                                                                                           | 5                |
|         |                                                                                                                              |             |
|         | PART II—OTHER INFORMATION                                                                                                   |             |
|         |                                                                                                                              |             |
| Item 1  | Legal Proceedings                                                                                                                 | 6                |
|         |                                                                                                                              |             |
| Item 1A | Risk Factors                                                                                                                      | 6                |
|         |                                                                                                                              |             |
| Item 2  | Unregistered Sales of Equity Securities and Use of Proceeds                                                                       | 6                |
|         |                                                                                                                              |             |
| Item 3  | Defaults Upon Senior Securities                                                                                                   | 6                |
|         |                                                                                                                              |             |
| Item 4  | Submission of Matters to a Vote of Security Holders                                                                               | 6                |
|         |                                                                                                                              |             |
| Item 5  | Other Information                                                                                                                 | 6                |
|         |                                                                                                                              |             |
| Item 6  | Exhibits                                                                                                                          | 6                |
|         |                                                                                                                              |             |
|         | SIGNATURES                                                                                                                        | 7                |

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|                                                                                                                                           |   | March 31, 2011 |     |   | September 30, 2010 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------|----------|--------|------------------------------|--------|
|                                                                                                                                           |   |                     |     |   |                         |   |
| ASSETS                                                                                                                                         |   |                     |     |   |                         |   |
| Current assets:                                                                                                                                |   |                     |     |   |                         |   |
| Cash and cash equivalents                                                                                                                      |   | $                        | 47,205   |   |                         | $      | 50,320 |   |
| Accounts receivable                                                                                                                            |   |                     | -        |   |                         |   | 20,513 |   |
|                                                                                                                                           |   |                     |     |   |                         |   |   |   |
| Total current assets                                                                                                                           |   |                     | 47,205   |   |                         |   | 70,833 |   |
|                                                                                                                                           |   |                     |     |   |                         |   |   |   |
| Non-current assets:                                                                                                                            |   |                     |     |   |                         |   |   |   |
| Plant and equipment, net                                                                                                                       |   |                     | 982      |   |                         |   | 1,126 |   |
|                                                                                                                                           |   |                     |     |   |                         |   |   |   |
| TOTAL ASSETS                                                                                                                                   |   | $                        | 48,187   |   |                         | $      | 71,959 |   |
|                                                                                                                                           |   |                     |     |   |                         |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT                                                                                                    |   |                     |     |   |                         |   |   |   |
| Current liabilities:                                                                                                                           |   |                     |     |   |                         |   |   |   |
| Accounts payable and accrued liabilities                                                                                                       |   | $                        | 60,705   |   |                         | $      | 60,321 |   |
| Income tax payable                                                                                                                             |   |                     | 3,148    |   |                         |   | 3,148 |   |
| Amount due to a director                                                                                                                       |   |                     | 74,392   |   |                         |   | 69,907 |   |
| Amount due to a stockholder                                                                                                                    |   |                     | 51,282   |   |                         |   | 51,282 |   |
|                                                                                                                                           |   |                     |     |   |                         |   |   |   |
| Total current liabilities                                                                                                                      |   |                     | 189,527  |   |                         |   | 184,658 |   |
|                                                                                                                                           |   |                     |     |   |                         |   |   |   |
| Commitments and contingencies                                                                                                                  |   |                     |     |   |                         |   |   |   |
|                                                                                                                                           |   |                     |     |   |                         |   |   |   |
| Stockholders’ deficit:                                                                                                                   |   |                     |     |   |                         |   |   |   |
| Series A, convertible preferred stock, $0.001 par value; 500,000 shares authorized; 250,000 shares issued and outstanding shares, respectively |   |                     | 250      |   |                         |   | 250 |   |
| Common stock, $0.001 par value; 300,000,000 shares authorized; 242,138,400 shares issued and outstanding, respectively                         |   |                     | 242,138  |   |                         |   | 242,138 |   |
| Accumulated deficit                                                                                                                            |   |                     | (383,728 | )      |                         |   | (355,087 | ) |
|                                                                                                                                           |   |                     |     |   |                         |   |   |   |
| Total stockholders’ deficit                                                                                                              |   |                     | (141,340 | )      |                         |   | (112,699 | ) |
|                                                                                                                                           |   |                     |     |   |                         |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT                                                                                              |   | $                        | 48,187   |   |                         | $      | 71,959 |   |

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|                                                                 |   | Three months ended March 31, |        |   | Six months ended March 31, |   |
|----------------------------------------------------------------------|--------|--------------------------------------------------|-------------|--------|------------------------------------------------|--------|
|                                                                 |   | 2011                                             |        |   | 2010                                           |   |   | 2011 |   |   | 2010 |   |
|                                                                 |   |                                             |        |   |                                           |   |   |   |   |   |   |   |
| Revenues, net                                                        |   | $                                                | -           |   |                                           | $      | - |   |   | $ | - |   |   | $ | - |   |
|                                                                 |   |                                             |        |   |                                           |   |   |   |   |   |   |   |   |   |   |   |
| Cost of revenue                                                      |   |                                             | -           |   |                                           |   | - |   |   |   | - |   |   |   | - |   |
|                                                                 |   |                                             |        |   |                                           |   |   |   |   |   |   |   |   |   |   |   |
| Gross profit                                                         |   |                                             | -           |   |                                           |   | - |   |   |   | - |   |   |   | - |   |
|                                                                 |   |                                             |        |   |                                           |   |   |   |   |   |   |   |   |   |   |   |
| Operating expenses:                                                  |   |                                             |        |   |                                           |   |   |   |   |   |   |   |   |   |   |   |
| Selling, general and administrative                                  |   |                                             | (14,798     | )      |                                           |   | (11,746 | ) |   |   | (28,641 | ) |   |   | (41,367 | ) |
|                                                                 |   |                                             |        |   |                                           |   |   |   |   |   |   |   |   |   |   |   |
| Loss before income taxes                                             |   |                                             | (14,798     | )      |                                           |   | (11,746 | ) |   |   | (28,641 | ) |   |   | (41,367 | ) |
|                                                                 |   |                                             |        |   |                                           |   |   |   |   |   |   |   |   |   |   |   |
| Income tax expense                                                   |   |                                             | -           |   |                                           |   | - |   |   |   | - |   |   |   | - |   |
|                                                                 |   |                                             |        |   |                                           |   |   |   |   |   |   |   |   |   |   |   |
| NET LOSS                                                             |   | $                                                | (14,798     | )      |                                           | $      | (11,746 | ) |   | $ | (28,641 | ) |   | $ | (41,367 | ) |
|                                                                 |   |                                             |        |   |                                           |   |   |   |   |   |   |   |   |   |   |   |
| Net loss per share – Basic and diluted                         |   | $                                                | (0.00       | )      |                                           | $      | (0.00 | ) |   | $ | (0.00 | ) |   | $ | (0.00 | ) |
|                                                                 |   |                                             |        |   |                                           |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average common shares outstanding – Basic and diluted |   |                                             | 242,138,400 |   |                                           |   | 242,138,400 |   |   |   | 242,138,400 |   |   |   | 242,138,400 |   |

----

|                                                                                      |   | Six months ended March 31, |    |
|-------------------------------------------------------------------------------------------|--------|------------------------------------------------|---------|
|                                                                                      |   | 2011                                           |    |   | 2010 |   |
|                                                                                      |   |                                           |    |   |   |   |
| Cash flows from operating activities:                                                     |   |                                           |    |   |   |   |
| Net loss                                                                                  |   | $                                              | (28,641 | ) |   | $ | (41,367 | ) |
| Adjustments to reconcile net loss to net cash (used in) provided by operating activities: |   |                                           |    |   |   |   |   |   |
| Depreciation                                                                              |   |                                           | 144     |   |   |   | 144 |   |
| Changes in operating assets and liabilities:                                              |   |                                           |    |   |   |   |   |   |
| Accounts receivable                                                                       |   |                                           | 20,513  |   |   |   | 57,692 |   |
| Accounts payable and accrued liabilities                                                  |   |                                           | 384     |   |   |   | (13,263 | ) |
|                                                                                      |   |                                           |    |   |   |   |   |   |
| Net cash (used in) provided by operating activities                                       |   |                                           | (7,600  | ) |   |   | 3,206 |   |
|                                                                                      |   |                                           |    |   |   |   |   |   |
| Cash flows from investing activities:                                                     |   |                                           |    |   |   |   |   |   |
| Purchase of plant and equipment                                                           |   |                                           | -       |   |   |   | (397 | ) |
|                                                                                      |   |                                           |    |   |   |   |   |   |
| Net cash used in investing activities                                                     |   |                                           | -       |   |   |   | (397 | ) |
|                                                                                      |   |                                           |    |   |   |   |   |   |
| Cash flows from financing activities:                                                     |   |                                           |    |   |   |   |   |   |
| Advances from a director                                                                  |   |                                           | 4,485   |   |   |   | 37,969 |   |
|                                                                                      |   |                                           |    |   |   |   |   |   |
| Net cash provided by financing activities                                                 |   |                                           | 4,485   |   |   |   | 37,969 |   |
|                                                                                      |   |                                           |    |   |   |   |   |   |
| NET CHANGE IN CASH AND CASH EQUIVALENTS                                                   |   |                                           | (3,115  | ) |   |   | 40,778 |   |
|                                                                                      |   |                                           |    |   |   |   |   |   |
| CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD                                            |   |                                           | 50,320  |   |   |   | 1,001 |   |
|                                                                                      |   |                                           |    |   |   |   |   |   |
| CASH AND CASH EQUIVALENTS, END OF PERIOD                                                  |   | $                                              | 47,205  |   |   | $ | 41,779 |   |
|                                                                                      |   |                                           |    |   |   |   |   |   |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:                                         |   |                                           |    |   |   |   |   |   |
| Cash paid for income taxes                                                                |   | $                                              | -       |   |   | $ | - |   |
| Cash paid for interest                                                                    |   | $                                              | -       |   |   | $ | - |   |

----

|                       |   |                                  |    |   |         |   |   |         |   |   | Total               |   |
|---------------------------------|--------|---------------------------------------|---------|--------|--------------|--------|--------|--------------|--------|--------|---------------------|--------|
|                            |   | Series A, convertible preferred stock |    |   | Common stock |   |   | Accumulated  |   |   | stockholders’ |   |
|                            |   | No. of share                          |    |   | Amount       |   |   | No. of share |   |   | Amount              |   |   | deficit |   |   | deficit |   |
|                            |   |                                  |    |   |         |   |   |         |   |   |                |   |   |   |   |   |   |   |
| Balance as of September 30,2010 |   |                                  | 250,000 |   |         | $      | 250    |         |   |   | 242,138,400         |   |   | $ | 242,138 |   |   | $ | (355,087 | )  |   | $ | (112,699 | ) |
|                            |   |                                  |    |   |         |   |   |         |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss for the period         |   |                                  | -       |   |         |   | -      |         |   |   | -                   |   |   |   | - |   |   |   | (28,641 | ) |   |   | (28,641 | ) |
|                            |   |                                  |    |   |         |   |   |         |   |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance as of March 31, 2011    |   |                                  | 250,000 |   |         | $      | 250    |         |   |   | 242,138,400         |   |   | $ | 242,138 |   |   | $ | (383,728 | ) |   | $ | (141,340 | ) |

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| NOTE-1 | BASIS OF PRESENTATION |
|---------------|-----------------------|

| NOTE-2 | ORGANIZATION AND BUSINESS BACKGROUND |
|---------------|--------------------------------------|

| NOTE-3 | GOING CONCERN UNCERTAINITIES |
|---------------|------------------------------|

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| NOTE-4 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
|---------------|--------------------------------------------|

| · | Use of estimates |
|--------|------------------|

| · | Basis of consolidation |
|--------|------------------------|

| · | Cash and cash equivalents |
|--------|---------------------------|

| · | Plant and equipment |
|--------|---------------------|

|             |   | Expected useful life |
|------------------|--------|--------------------------------|
| Office equipment |   | 5 years                        |

| · | Impairment of long-lived assets |
|--------|---------------------------------|

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| · | Revenue recognition |
|--------|---------------------|

| · | Income taxes |
|--------|--------------|

| · | Foreign currencies translation |
|--------|--------------------------------|

| · | Related parties |
|--------|-----------------|

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| · | Segment reporting |
|--------|-------------------|

| · | Fair value of financial instruments |
|--------|-------------------------------------|

|  | Level 1 : Observable inputs such as quoted prices in active markets; |
|----------|----------------------------------------------------------------------|

|  | Level 2 : Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and |
|----------|--------------------------------------------------------------------------------------------------------------------------|

|  | Level 3 : Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions |
|------------------|---------------------------------------------------------------------------------------------------------------------------------------------|

| · | Recent accounting pronouncements |
|--------|----------------------------------|

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| NOTE-5 | AMOUNT DUE TO A DIRECTOR |
|---------------|--------------------------|

| NOTE-6 | AMOUNT DUE TO A STOCKHOLDER |
|---------------|-----------------------------|

| NOTE-7 | INCOME TAXES |
|---------------|--------------|

|                                     |   | Six months ended March 31, |    |
|------------------------------------------|--------|------------------------------------------------|---------|
|                                     |   | 2011                                           |    |   | 2010 |   |
|                                     |   |                                           |    |   |   |   |
| Loss before income taxes                 |   | $                                              | (25,180 | ) |   | $ | (41,367 | ) |
| Statutory income tax rate                |   |                                           | 16.5    | % |   |   | 16.5 | % |
| Income tax expense at statutory tax rate |   |                                           | (4,155  | ) |   |   | (6,825 | ) |
|                                     |   |                                           |    |   |   |   |   |   |
| Tax effect from non-deductible items     |   |                                           | 24      |   |   |   | 24 |   |
| Tax effect form tax allowance            |   |                                           | (9      | ) |   |   | (70 | ) |
| Net operating loss                       |   |                                           | 4,140   |   |   |   | 6,871 |   |
|                                     |   |                                           |    |   |   |   |   |   |
| Income tax expense                       |   | $                                              | -       |   |   | $ | - |   |

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| NOTE-8 | COMMITMENTS AND CONTINGENCIES |
|---------------|-------------------------------|

| NOTE-9 | SUBSEQUENT EVENTS |
|---------------|-------------------|

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| ITEM 2. | MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION OR PLAN OF OPERATION |
|--------------|---------------------------------------------------------------------------------|

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|   | (i) | That the Company’s disclosure controls and procedures are designed to ensure (a) that information required to be disclosed by the Company in the reports it files or submits under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms; and (b) that such information is accumulated and communicated to the Company’s management, including the Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure; and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | That  the Company’s disclosure controls and procedures are effective. |
|--------|------|---------------------------------------------------------------------------------------|

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| 3(i)(a)  | Articles of Incorporation filed with the Nevada Secretary of State on February 1, 2002 (Exhibit 3.1 to Registration Statement on Form SB-2 filed with the Commission on April 25, 2002) |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|     |                                                                                                                                                                                    |
| 3(i)(b)  | First Amendment to Articles of Incorporation filed with the Nevada Secretary of State on May 20, 2004 (Exhibit 3.1 to Form 8-K/A filed with the Commission on May 26, 2004)             |
|     |                                                                                                                                                                                    |
| 3(i)(c)  | Second Amendment to Articles of Incorporation filed with the Nevada Secretary of State on June 9, 2006 (Exhibit 3.1 to Form 8-K filed with the Commission on July 31, 2006)             |
|     |                                                                                                                                                                                    |
| 3(i)(d)  | Third Amendment to Articles of Incorporation filed with the Nevada Secretary of State on August 22, 2006 (Exhibit 3.1 to Form 8-K filed with the Commission on September 13, 2006)      |
|     |                                                                                                                                                                                    |
| 3(ii)(a) | Bylaws (Exhibit 3.4 to Registration Statement on Form SB-2 filed with the Commission on April 25, 2002)                                                                                 |
|     |                                                                                                                                                                                    |
| 3(ii)(b) | Amended Bylaws (Exhibit 3.2 to Form 10Q-SB filed with the Commission on February 19, 2003)                                                                                              |
|     |                                                                                                                                                                                    |
| 10.1     | Common Stock Purchase Agreement (acquisition of Ultra Professional Ltd., dated September 29, 2009)                                                                                      |
|     |                                                                                                                                                                                    |
| 10.2     | Common Stock Purchase Agreement (disposition of Sino Trade Intelligent Development Corp. Limited, dated September 30, 2009)                                                             |
|     |                                                                                                                                                                                    |
| 31.1     | Rule 13a-14 (a)/15d-14 (a) Certification of Chief Executive Officer                                                                                                                     |
|     |                                                                                                                                                                                    |
| 31.2     | Rule 13a-14 (a)/15d-14 (a) Certification of Chief Financial Officer                                                                                                                     |
|     |                                                                                                                                                                                    |
| 32.1     | Section 1350 Certification of Chief Executive Officer                                                                                                                                   |
|     |                                                                                                                                                                                    |
| 32.2     | Section 1350 Certification of Chief Financial Officer                                                                                                                                   |

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|                | ASIA GLOBAL HOLDINGS CORP. |
|---------------------|----------------------------|
|                |                       |   |
|                |                       | /s/ Ping-Shun Lai |
|                |                       |    |
| Dated: May 18, 2011 |                       | Ping-Shun Lai, Chief Executive Officer(Principal executive officer) |

|                |   | /s/ Ping-Shun Lai                                                                       |
|---------------------|--------|-----------------------------------------------------------------------------------------|
|                |   |                                                                               |
| Dated: May 18, 2011 |   |  Ping-Shun Lai, Interim Chief Financial Officer (Principal financial officer) |

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