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INVESTMENT PROPERTIES (Tables) | 3 Months Ended
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Sep. 30, 2019
Investments [Abstract] |
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, 2019. The exchange rate is based on the market rate as of September 30, 2019.
| Investment Date / Reclassification Date |  | Investment Amount (RMB) |  |  | Investment Amount (U.S. Dollars) |
Purchase of rental property – Property I – MaoYe Property | Jan 04, 2008 |  |  | 5,554 |  |  |  | 894 |
Currency translation |  |  |  | - |  |  |  | (87 | )
Reclassification as “Assets held for sale” | July 01, 2018 |  |  | (5,554 | ) |  |  | (807 | )
Reclassification from “Assets held for sale” | Mar 31, 2019 |  |  | 2,024 |  |  |  | 301 |
|  |  | 2,024 |  |  |  | 301 |
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 |  |  |  | - |  |  |  | (175 | )
Gross investment in rental property |  |  |  | 9,649 |  |  |  | 1,354 |
Accumulated depreciation on rental property | Sep 30, 2019 |  |  | (6,196 | ) |  |  | (885 | )
Reclassified as “Assets held for sale”-Mao Ye Property | July 01, 2018 |  |  | 2,822 |  |  |  | 410 |
Reclassification from “Assets held for sale”-Mao Ye Property | Mar 31, 2019 |  |  | (1,029 | ) |  |  | (143 | )
|  |  | (4,403 | ) |  |  | (618 | )
Net investment in property – China |  |  |  | 5,246 |  |  |  | 736 |
The following table presents the Company’s investment in properties in China as of June 30, 2019. The exchange rate is based on the market rate as of June 30, 2019.
| Investment Date / Reclassification Date |  | Investment Amount (RMB) |  |  | Investment Amount (U.S. Dollars) |
Purchase of rental property – Property I – MaoYe Property | Jan 04, 2008 |  |  | 5,554 |  |  |  | 894 |
Currency translation |  |  |  | - |  |  |  | (87 | )
Reclassification as “Assets held for sale” | July 01, 2018 |  |  | (5,554 | ) |  |  | (807 | )
Reclassification from “Assets held for sale” | Mar 31, 2019 |  |  | 2,024 |  |  |  | 301 |
|  |  | 2,024 |  |  |  | 301 |
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 |  |  |  | - |  |  |  | (124 | )
Gross investment in rental property |  |  |  | 9,649 |  |  |  | 1,405 |
Accumulated depreciation on rental property | June 30, 2019 |  |  | (6,075 | ) |  |  | (890 | )
Reclassified as “Assets held for sale”-Mao Ye Property | July 01, 2018 |  |  | 2,822 |  |  |  | 410 |
Reclassification from “Assets held for sale”-Mao Ye Property | Mar 31, 2019 |  |  | (1,029 | ) |  |  | (143 | )
|  |  | (4,282 | ) |  |  | (623 | )
Net investment in property – China |  |  |  | 5,367 |  |  |  | 782 |
The following table presents the Company’s investment properties in Malaysia as of September 30, 2019 and June 30, 2019. The exchange rate is based on the exchange rate as of June 30, 2015 published by the Monetary Authority of Singapore.
|  |  |  |  |  | Sept. 30, 2019 (Unaudited) |  |  | June 30, 2019 |
| Investment |  | Investment Amount |  |  | Investment Amount |  |  | Investment Amount |
| Date / Reclassification Date |  | (RM) |  |  | (U.S. Dollars) |  |  | (U.S. Dollars) |
Purchase of Penang Property | Dec 31, 2012 |  |  | 681 |  |  |  | 181 |  |  |  | 181 |
Currency translation |  |  |  | - |  |  |  | (18 | ) |  |  | (15 | )
Reclassification as “Assets held for sale” | June 30, 2015 |  |  | (681 | ) |  |  | (163 | ) |  |  | (166 | )
|  |  | - |  |  |  | - |  |  |  | - |
Accumulated depreciation on rental property | June 30, 2015 |  |  | (310 | ) |  |  | (83 | ) |  |  | (83 | )
Currency translation |  |  |  | - |  |  |  | 8 |  |  |  | 6 |
Reclassified as “Assets held for sale” | June 30, 2015 |  |  | 310 |  |  |  | 75 |  |  |  | 77 |
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://fasb.org/us-gaap/role/ref/otherTransitionRef -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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