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INVESTMENT PROPERTIES (Tables)
3 Months Ended
Sep. 30, 2017
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 September 30, 2017. The exchange rate is based on the market rate as of September 30, 2017.

 

  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   Sep 30, 2017     (5,102 )     (767 )
Net investment in property – China       8,077       1,216  

 

The following table presents the Company’s investment in properties in China as of June 30, 2017. The exchange rate is based on the market rate as of June 30, 2017.

 

 

  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       -       (178 )
Gross investment in rental property       13,179       1,944  
Accumulated depreciation on rental property   June 30, 2017     (4,937 )     (728 )
Net investment in property – China       8,242       1,216  

 

The following table presents the Company’s investment properties in Malaysia as of September 30, 2017 and June 30, 2017. 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 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 rental property - Malaysia       -       -