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INVESTMENT PROPERTIES (Tables) | 12 Months Ended
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Jun. 30, 2013
Investment Properties Tables |
Companys investment in the property based on the exchange rate | The following table presents the Company’s investment in the properties as of June 30, 2013. The exchange rate is based on the exchange rate as of June 30, 2013 published by the Monetary Authority of Singapore.
| Investment Date |  | Investment Amount (RMB) |  |  | Investment Amount (U.S. Dollars) |
Purchase of Property I – MaoYe | 01/04/2008 |  |  | 5,554 |  |  |  | 904 |
Purchase of Property II – JiangHuai | 01/06/2010 |  |  | 3,600 |  |  |  | 586 |
Purchase of Property III – FuLi | 01/04/2010 |  |  | 4,025 |  |  |  | 655 |
Gross investment in rental property |  |  |  | 13,179 |  |  |  | 2,145 |
Accumulated depreciation on rental property | 06/30/2013 |  |  | (2,302 | ) |  |  | (375 | )
Net investment in properties – China |  |  |  | 10,877 |  |  |  | 1,770 |
The following table presents the Company’s investment in the property in Malaysia as of June 30, 2013. The exchange rate is based on the exchange rate as of June 30, 2013 published by the Monetary Authority of Singapore.
| Investment Date |  | Investment Amount (RM) |  |  | Investment Amount (U.S. Dollars) |
Reclassification of Penang Property I | 31/12/2012 |  |  | 681 |  |  |  | 214 |
Gross investment in rental property |  |  |  | 681 |  |  |  | 214 |
Accumulated depreciation on rental property | 06/30/2013 |  |  | (294 | ) |  |  | (91 | )
Net investment in rental properties - Malaysia |  |  |  | 387 |  |  |  | 123 |

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