Property, Plant and Equipment

9 Months Ended

Mar. 31, 2015

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

Note 4 — Property, Plant and Equipment

Property, plant and equipment consist of the following:

	March 31, 2015		June 30, 2014		Useful Life (Years)
	(Unaudited)		(Audited)
Motor vehicles	$	78,881	$	78,881		5 – 7
Plant and equipment		436,407		436,408		10 – 15
Furniture and equipment		245,980		245,980		3 – 10
Leasehold improvements		1,674,834		1,674,834		19
Less: accumulated depreciation		(811,542)		(685,717)
	$	1,624,560	$	1,750,386

Depreciation expense for the nine months ended March 31, 2015 was $125,826. Depreciation expense for the nine months ended March 31, 2014 was $142,070. Depreciation expense for the three months ended March 31, 2015 was $41,942. Depreciation expense for the three months ended March 31, 2014 was $57,989.