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INVESTMENT PROPERTIES (Tables)
12 Months Ended
Jun. 30, 2014
Investment Properties Tables  
Companys investment in the property based on the exchange rate

 

The following table presents the Company’s investment properties in China as of June 30, 2014. The exchange rate is based on the exchange rate as of June 30, 2014 published by the Monetary Authority of Singapore.

 

     

Investment

Amount

    Investment Amount  
  Investment Date   (RMB)     (U.S. Dollars)  
Purchase of Property I   – MaoYe Jan 04, 2008     5,554       904  
Purchase of Property II  – JiangHuai Jan 06, 2010     3,600       586  
Purchase of Property III – FuLi Apr 08, 2010     4,025       655  
Currency Translation       -       (23 )
Gross investment in rental property       13,179       2,122  
                   
Accumulated depreciation on rental property June 30, 2014     (2,961 )     (476 )
                   
Net investment in properties – China       10,218       1,646  

 

The following table presents the Company’s investment properties in China as of June 30, 2013.

 

     

Investment

Amount

    Investment Amount  
  Investment Date   (RMB)     (U.S. Dollars)  
Purchase of Property I   – MaoYe Jan 04, 2008     5,554       904  
Purchase of Property II  – JiangHuai Jan 06, 2010     3,600       586  
Purchase of Property III – FuLi Apr 08, 2010     4,025       655  
Gross investment in rental property       13,179       2,145  
                   
Accumulated depreciation on rental property June 30, 2013     (2,302 )     (375 )
                   
Net investment in properties – China       10,877       1,770  

 

The following table presents the Company’s investment in Malaysia as of June 30, 2014. The exchange rate is based on the exchange rate as of June 30, 2014 published by the Monetary Authority of Singapore.

 

     

Investment

Amount

    Investment Amount  
  Investment Date   (RM)     (U.S. Dollars)  
Reclassification of Penang Property I Dec 31, 2012     681       212  
Gross investment in rental property       681       212  
                   
Accumulated depreciation on rental property June 30, 2014     (300 )     (93 )
                   
Net investment in rental properties - Malaysia       381       119  

 

The following table presents the Company’s investment properties in Malaysia as of June 30, 2013.

 

     

Investment

Amount

    Investment Amount  
  Investment Date   (RM)     (U.S. Dollars)  
Reclassification of Penang Property I Dec 31, 2012     681       214  
Gross investment in rental property       681       214  
                   
Accumulated depreciation on rental property June 30, 2013     (294 )     (91 )
                   
Net investment in rental properties - Malaysia       387       123