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INVESTMENT PROPERTY IN CHINA (Tables)
12 Months Ended
Jun. 30, 2012
Investment Property In China Tables  
Companys investment in the property based on the exchange rate

The following table presents the Company’s investment in the property in China as of June 30, 2012. The exchange rate is based on the exchange rate as of June 30, 2012 published by the Monetary Authority of Singapore.

 

     

Investment

Amount

    Investment Amount  
  Investment Date   (RMB)     (U.S. Dollars)  
Purchase of rental property – MaoYe 01/04/2008     5,554       874  
Purchase of rental property - JiaSheng 10/23/2008     7,042       1,089  
Additional cost of rental property - JiaSheng 12/01/2009     209       32  
Investment rental property disposed - JiaSheng 02/05/2010     (579 )     (89 )
Purchase of rental property – JiangHuai 01/06/2010     3,600       566  
Purchase of rental property – FuLi 01/04/2012     4,025       633  
Investment rental property disposed - JiaSheng 03/04/2011     (6,672 )     (1,032 )
Gross investment in rental property       13,179       2,073  
                   
Accumulated depreciation on rental property 06/30/2012     (1,643 )     (258 )
                   
Net investment in property - China       11,536       1,815