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INVESTMENT PROPERTIES (Tables) | 12 Months Ended
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Jun. 30, 2014
Investment Properties Tables |
Companys investment in the property based on the exchange rate | The following table presents the Company’s investment properties in China as of June 30, 2014. The exchange rate is based on the exchange rate as of June 30, 2014 published by the Monetary Authority of Singapore.
|  |  | Investment Amount |  |  | Investment Amount |
| Investment Date |  | (RMB) |  |  | (U.S. Dollars) |
Purchase of Property I – MaoYe | Jan 04, 2008 |  |  | 5,554 |  |  |  | 904 |
Purchase of Property II – JiangHuai | Jan 06, 2010 |  |  | 3,600 |  |  |  | 586 |
Purchase of Property III – FuLi | Apr 08, 2010 |  |  | 4,025 |  |  |  | 655 |
Currency Translation |  |  |  | - |  |  |  | (23 | )
Gross investment in rental property |  |  |  | 13,179 |  |  |  | 2,122 |
Accumulated depreciation on rental property | June 30, 2014 |  |  | (2,961 | ) |  |  | (476 | )
Net investment in properties – China |  |  |  | 10,218 |  |  |  | 1,646 |
The following table presents the Company’s investment properties in China as of June 30, 2013.
|  |  | Investment Amount |  |  | Investment Amount |
| Investment Date |  | (RMB) |  |  | (U.S. Dollars) |
Purchase of Property I – MaoYe | Jan 04, 2008 |  |  | 5,554 |  |  |  | 904 |
Purchase of Property II – JiangHuai | Jan 06, 2010 |  |  | 3,600 |  |  |  | 586 |
Purchase of Property III – FuLi | Apr 08, 2010 |  |  | 4,025 |  |  |  | 655 |
Gross investment in rental property |  |  |  | 13,179 |  |  |  | 2,145 |
Accumulated depreciation on rental property | June 30, 2013 |  |  | (2,302 | ) |  |  | (375 | )
Net investment in properties – China |  |  |  | 10,877 |  |  |  | 1,770 |
The following table presents the Company’s investment in Malaysia as of June 30, 2014. The exchange rate is based on the exchange rate as of June 30, 2014 published by the Monetary Authority of Singapore.
|  |  | Investment Amount |  |  | Investment Amount |
| Investment Date |  | (RM) |  |  | (U.S. Dollars) |
Reclassification of Penang Property I | Dec 31, 2012 |  |  | 681 |  |  |  | 212 |
Gross investment in rental property |  |  |  | 681 |  |  |  | 212 |
Accumulated depreciation on rental property | June 30, 2014 |  |  | (300 | ) |  |  | (93 | )
Net investment in rental properties - Malaysia |  |  |  | 381 |  |  |  | 119 |
The following table presents the Company’s investment properties in Malaysia as of June 30, 2013.
|  |  | Investment Amount |  |  | Investment Amount |
| Investment Date |  | (RM) |  |  | (U.S. Dollars) |
Reclassification of Penang Property I | Dec 31, 2012 |  |  | 681 |  |  |  | 214 |
Gross investment in rental property |  |  |  | 681 |  |  |  | 214 |
Accumulated depreciation on rental property | June 30, 2013 |  |  | (294 | ) |  |  | (91 | )
Net investment in rental properties - Malaysia |  |  |  | 387 |  |  |  | 123 |

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- Definition Tabular disclosure of all information related to any significant acquisition and disposal. Disclosure may include methodology and assumptions, type of asset, asset classification, useful life, useful purpose, acquisition cost, method of acquisition or disposal, depreciation method, gain (loss) on disposal pretax and net of tax, date of acquisition or disposal and restrictions on amount of proceeds from donated assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 + Details
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