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INVESTMENT IN PROPERTY DEVELOPMENT (Tables) | 12 Months Ended
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Jun. 30, 2012
Investment In Property Development Tables |
Company’s investment in property development in China | The following table presents the Company’s investment in property development in China as of June 30, 2012.
| Investment Date |  | Investment Amount (RMB) |  |  | Investment Amount (U.S. Dollars) |
Investment in developments - JiaSheng | 08/27/2007 |  |  | 10,000 |  |  |  | 1,564 |
Investment in developments - JiaSheng | 12/27/2007 |  |  | 5,000 |  |  |  | 782 |
Return of investment in developments - JiaSheng | 06/26/2008 |  |  | (5,000) |  |  |  | (782) |
Return of investment in developments - JiaSheng | 10/23/2008 |  |  | (1,988) |  |  |  | (311) |
Return of investment in developments - JiaSheng | 11/20/2009 |  |  | (1,988) |  |  |  | (311) |
Return of investment in developments - JiaSheng | 11/03/2010 |  |  | (2,651) |  |  |  | (415) |
Return of investment in developments - JiaSheng | 11/08/2010 |  |  | (723) |  |  |  | (113) |
Return of investment in developments – JiaSheng | 11/09/2010 |  |  | (301) |  |  |  | (47) |
Return of investment in developments – JiaSheng | 11/10/2010 |  |  | (1,807) |  |  |  | (283) |
Return of investment in developments - JiaSheng | 11/12/2010 |  |  | (542) |  |  |  | (84) |
Total: Investment in property developments– Jia Sheng (project B-48 Phase 1) |  |  |  | -- |  |  |  | -- |

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