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INVESTMENT PROPERTIES (Tables)
9 Months Ended
Mar. 31, 2018
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 March 31, 2018. The exchange rate is based on the market exchange rate as of March 31, 2018.

 

   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      —      (28)
Gross investment in rental property      13,179    2,094 
Accumulated depreciation on rental property   Mar 31, 2018   (5,431)   (863)
Net investment in property – China      7,748    1,231 

 

The following table presents the Company’s investment in properties in China as of June 30, 2017. The exchange rate is based on the exchange rate as of June 30, 2017, 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      —      (178)
Gross investment in rental property      13,179    1,944 
Accumulated depreciation on rental property    Jun 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 March 31, 2018 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 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 “Asset held for sale”   June 30, 2015   (371)   (98)
Net investment in property – Malaysia      —      —