Land Use Rights, Net

12 Months Ended

May 31, 2019

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Land Use Rights, Net

9. LAND USE RIGHTS, NET

Land use rights, net, consisted of the following:

	As of May 31,
	2018			2019
	US$			US$
Land use rights		5,315			7,955
Less: accumulated amortization		(1,417	)		(1,680	)
Exchange differences		(113	)		130
Land use rights, net		3,785			6,405

Amortization expenses for land use rights for the years ended May 31, 2017, 2018 and 2019 were US$106, US$110 and US$263, respectively. The Group expects to recognize US$837 in amortization expense for each of the next five years and US$5,568 thereafter.