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INVESTMENT PROPERTIES (Tables)
3 Months Ended
Sep. 30, 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 September 30, 2018. The exchange rate is based on the market rate as of September 30, 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 
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 
Reclassification of Mao Ye Property as "Asset held for sale"  July 01, 2018   (5,554)   (894)
Currency translation      —      (118)
Gross investment in rental property      7,625    1,110 
Accumulated depreciation on rental property  Sep 30, 2018   (5,691)   (889)
Reclassified as "Asset for sale"  July 01, 2018   2,822    472 
Net investment in property – China      4,756    693 

 

 

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 - MaoYe 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 September 30, 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

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      —      —