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INVESTMENT PROPERTIES (Tables)
6 Months Ended
Dec. 31, 2014
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, 2014. The exchange rate is based on the exchange rate as of December 31, 2014 published by the Monetary Authority of Singapore.

 

 

Investment

Date

 

Investment

Amount

    Investment Amount  
      (RMB)     (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       -       3  
Gross investment in rental property       13,179       2,125  
Accumulated depreciation on rental property       (3,287 )     (530 )
Net investment in property – China       9,892       1,595  

 

The following table presents the Company’s investment in properties in China as of June 30, 2014.

 

 

Investment

Date

 

Investment

Amount

  Investment Amount  
      (RMB)   (U.S. Dollars)  
Purchase of rental property – Property I – MaoYe Jan 04, 2008     5,554   904  
Purchase of rental property – Property II – JiangHuai Jan 06, 2010     3,600   586  
Purchase of rental property – Property III - Fu Li Apr 08, 2010     4,025   655  
Currency translation       -   (23 )
Gross investment in rental property       13,179   2,122  
Accumulated depreciation on rental property       (2,961 (476 )
Net investment in property – China       10,218   1,646  

 

The following table presents the Company’s investment in properties in Malaysia as of December 31, 2014. The exchange rate is based on the exchange rate as of December 31, 2014 published by the Monetary Authority of Singapore.

 

        (RM)       (U.S. Dollars)  
Purchase of rental property – Penang Property I Dec 31, 2012     681       196  
Gross investment in rental property       681       196  
Accumulated depreciation on rental property       (305 )     (88
Net investment in property – Malaysia       376       108  

 

The following table presents the Company’s investment in properties in Malaysia as of June 30, 2014.

 

      (RM)     (U.S. Dollars)  
Purchase of rental property – Penang Property I Dec 31, 2012     681       212  
Gross investment in rental property       681       212  
Accumulated depreciation on rental property       (300     (93
Net investment in property – Malaysia       381       119