INVESTMENT PROPERTIES (Tables)

6 Months Ended

Dec. 31, 2018

Investment Properties Tables

Company 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, 2018. The exchange rate is based on the market rate as of December 31, 2018.

	Investment Date / Reclassification Date	Investment Amount  (RMB)			Investment Amount (U.S. Dollars)
Purchase of rental property – Property I - MaoYe Property	Jan 04, 2008		5,554			894
Currency translation			-			(87	)
Reclassification as “Asset held for sale”	July 01, 2018		(5,554	)		(807	)
			-			-
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			-			(119	)
Gross investment in rental property			7,625			1,109
Accumulated depreciation on rental property	Sep 30, 2018		(5,783	)		(841	)
Reclassified as “Asset held for sale”	July 01, 2018		2,822			410
			(2,961	)		(431	)
Net investment in property – China			4,664			678

The following table presents the Company’s investment in properties in China as of June 30, 2018. The exchange rate is based on the market rate as of June 30, 2018.

	Investment Date	Investment Amount  (RMB)			Investment Amount (U.S. Dollars)
Purchase of rental property – Property I - Mao Ye Property	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			-			(131	)
Gross investment in rental property			13,179			1,991
Accumulated depreciation on rental property	June 30, 2018		(5,596	)		(845	)
Net investment in property – China			7,583			1,146

The following table presents the Company’s investment properties in Malaysia as of December 31, 2018 and June 30, 2018. The exchange rate is based on the exchange rate as of June 30, 2015 published by the Monetary Authority of Singapore.

	Investment	Investment Amount			Investment Amount
	Date	(RM)			(U.S. Dollars)
Reclassification of Penang Property	Dec 31, 2012		681			181
Currency translation			-			(16	)
Reclassification as "Asset held for sale"			(681	)		(165	)
			-			-
Accumulated depreciation on rental property	June 30, 2015		(310	)		(83	)
Currency translation			-			7
Reclassified as “Assets held for sale”	June 30, 2015		(310	)		(76	)
Net investment in rental property - Malaysia			-			-