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INVESTMENT PROPERTY IN CHINA (Tables) | 12 Months Ended
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Jun. 30, 2012
Investment Property In China Tables |
Companys investment in the property based on the exchange rate | The following table presents the Company’s investment in the property in China as of June 30, 2012. The exchange rate is based on the exchange rate as of June 30, 2012 published by the Monetary Authority of Singapore.
|  |  | Investment Amount |  |  | Investment Amount |
| Investment Date |  | (RMB) |  |  | (U.S. Dollars) |
Purchase of rental property – MaoYe | 01/04/2008 |  |  | 5,554 |  |  |  | 874 |
Purchase of rental property - JiaSheng | 10/23/2008 |  |  | 7,042 |  |  |  | 1,089 |
Additional cost of rental property - JiaSheng | 12/01/2009 |  |  | 209 |  |  |  | 32 |
Investment rental property disposed - JiaSheng | 02/05/2010 |  |  | (579 | ) |  |  | (89 | )
Purchase of rental property – JiangHuai | 01/06/2010 |  |  | 3,600 |  |  |  | 566 |
Purchase of rental property – FuLi | 01/04/2012 |  |  | 4,025 |  |  |  | 633 |
Investment rental property disposed - JiaSheng | 03/04/2011 |  |  | (6,672 | ) |  |  | (1,032 | )
Gross investment in rental property |  |  |  | 13,179 |  |  |  | 2,073 |
Accumulated depreciation on rental property | 06/30/2012 |  |  | (1,643 | ) |  |  | (258 | )
Net investment in property - China |  |  |  | 11,536 |  |  |  | 1,815 |

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