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INVESTMENT PROPERTIES (Tables) | 3 Months Ended
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Sep. 30, 2017
Investment Properties Tables |
Companys investment in the property based on the exchange rate | The following table presents the Company’s investment in properties in China as of September 30, 2017. The exchange rate is based on the market rate as of September 30, 2017.
| Investment Date |  | Investment Amount (RMB) |  |  | Investment Amount (U.S. Dollars) |
Purchase of rental property – Property I - MaoYe | 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 |  |  |  | - |  |  |  | (139 | )
Gross investment in rental property |  |  |  | 13,179 |  |  |  | 1,983 |
Accumulated depreciation on rental property | Sep 30, 2017 |  |  | (5,102 | ) |  |  | (767 | )
Net investment in property – China |  |  |  | 8,077 |  |  |  | 1,216 |
The following table presents the Company’s investment in properties in China as of June 30, 2017. The exchange rate is based on the market rate as of June 30, 2017.
| Investment Date |  | Investment Amount (RMB) |  |  | Investment Amount (U.S. Dollars) |
Purchase of rental property – Property I - MaoYe | 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 |  |  |  | - |  |  |  | (178 | )
Gross investment in rental property |  |  |  | 13,179 |  |  |  | 1,944 |
Accumulated depreciation on rental property | June 30, 2017 |  |  | (4,937 | ) |  |  | (728 | )
Net investment in property – China |  |  |  | 8,242 |  |  |  | 1,216 |
The following table presents the Company’s investment properties in Malaysia as of September 30, 2017 and June 30, 2017. 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 (RM) |  |  | Investment Amount (U.S. Dollars) |
Reclassification of Penang Property I | Dec 31, 2012 |  |  | 681 |  |  |  | 181 |
Gross investment in rental property |  |  |  | 681 |  |  |  | 181 |
Accumulated depreciation on rental property | June 30, 2015 |  |  | (310 | ) |  |  | (83 | )
Reclassified as “Assets held for sale” | June 30, 2015 |  |  | (371 | ) |  |  | (98 | )
Net investment in rental property - Malaysia |  |  |  | - |  |  |  | - |

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- References No definition available. + Details
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- Definition Tabular disclosure of lessor's property under leasing agreements and property available for lease (not currently under lease) by property class, the gross amount, accumulated depreciation and net amount of as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=84164653&loc=d3e41551-112718 + Details
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