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INVESTMENT PROPERTIES (Tables)
6 Months Ended
Dec. 31, 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 December 31, 2017. The exchange rate is based on the market rate as of December 31, 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      —      (95)
Gross investment in rental property      13,179    2,027 
Accumulated depreciation on rental property   Dec 31, 2017   (5,266)   (810)
Net investment in property – China      7,913    1,217 

 

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 December 31, 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      —      —