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INVESTMENT PROPERTIES (Tables)
6 Months Ended
Dec. 31, 2016
Investment Properties Tables  
Companys investment in the property based on the exchange rate

The following table presents the Company’s investment in properties in China as of December 31, 2016. The exchange rate is based on the exchange rate as of December 30, 2016, published by the Monetary Authority of Singapore.

 

 

Investment

Date

 

  Investment

Amount (RMB)

   

  Investment Amount

 (U.S. Dollars)

 
Purchase of rental property – Property I - MaoYe Jan 04, 2008     5,554       894  
Purchase of rental property – Property II - JiangHuai Jan 06, 2010     3,600       580  
Purchase of rental property – Property III - Fu Li Apr 08, 2010     4,025       648  
Currency translation       -       (225 )
Gross investment in rental property       13,179       1,897  
Accumulated depreciation on rental property   Dec 31, 2016     (4,608 )     (663 )
Net investment in property – China       8,571       1,234  

 

 

The following table presents the Company’s investment in properties in China as of June 30, 2016. The exchange rate is based on the exchange rate as of June 30, 2016, published by the Monetary Authority of Singapore.

 

Investment

Date

 

 Investment

Amount (RMB)

   

 Investment Amount

 (U.S. Dollars)

 
Purchase of rental property – Property I - MaoYe Jan 04, 2008     5,554       894  
Purchase of rental property – Property II - JiangHuai Jan 06, 2010     3,600       580  
Purchase of rental property – Property III - Fu Li Apr 08, 2010     4,025       648  
Currency translation       -       (139 )
Gross investment in rental property       13,179       1,983  
Accumulated depreciation on rental property   Jun 30, 2016     (4,278 )     (643 )
Net investment in property – China       8,901       1,340  

 

The following table presents the Company’s investment properties in Malaysia as of December 31, 2016. The exchange rate is based on the exchange rate as of June 30, 2015, published by the Monetary Authority of Singapore.

 

 

Investment

Date

 

 Investment

Amount

 (RM)

   

 Investment Amount

 (U.S. Dollars)

 
Reclassification of rental property – Penang Property I Dec 31, 2012     681       181  
Gross investment in rental property       681       181  
Accumulated depreciation on rental property   June 30, 2015     (310 )     (83 )
Reclassified as “Assets held for sale”  June 30, 2015     (371 )     (98 )
Net investment in property – Malaysia       -       -  

 

The following table presents the Company’s investment properties in Malaysia as of June 30, 2016. The exchange rate is based on the exchange rate as of June 30, 2015, published by the Monetary Authority of Singapore.

 

 

Investment

Date

 

 Investment

Amount

 (RM)

   

  Investment Amount

 (U.S. Dollars)

 
Reclassification of rental property – Penang Property I Dec 31, 2012     681       181  
Gross investment in rental property       681       181  
Accumulated depreciation on rental property   June 30, 2015     (310 )     (83 )
Reclassified as “Assets held for sale”  June 30, 2015     (371 )     (98 )
Net investment in property – Malaysia       -       -