XML 59 R42.htm IDEA: XBRL DOCUMENT

INVESTMENT PROPERTIES (Tables)

12 Months Ended

Jun. 30, 2019

Companys investment in the property based on the exchange rate

The following table presents the Company’s investment in properties in China as of June 30, 2019. The exchange rate is based on the market rate as of June 30, 2019.

	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 “Assets held for sale”	July 01, 2018		(5,554	)		(807	)
Reclassification from “Assets held for sale”	Mar 31, 2019		2,024			301
			2,024			301
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			-			(124	)
Gross investment in rental property			9,649			1,405
Accumulated depreciation on rental property	June 30, 2019		(6,075	)		(890	)
Reclassified as “Assets held for sale”	July 01, 2018		2,822			410
Reclassification from “Assets held for sale”	Mar 31, 2019		(1,029	)		(143	)
			(4,282	)		(623	)
Net investment in property – China			5,367			782

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 in properties in Malaysia as of June 30, 2019 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			Investment Amount
		(RM)			(U.S. Dollars)
Purchase of Penang Property	Dec 31, 2012		681			181
Currency translation			-			(15	)
Reclassification as “Assets held for sale”	June 30, 2015		(681	)		(166	)
			-			-
Accumulated depreciation on rental property	June 30, 2015		(310	)		(83	)
Currency translation			-			6
Reclassified as “Assets held for sale”	June 30, 2015		(310	)		(77	)
Net investment in rental property - Malaysia			-			-