LOAN RECEIVABLE FROM PROPERTY DEVELOPMENT PROJECTS (Tables)

3 Months Ended

Sep. 30, 2014

Loan Receivable From Property Development Projects Tables

Companys loans receivable from property development projects

The following table presents TTCQ’s loan receivable from property development projects in China as of September 30, 2014. The exchange rate is based on the date published by the Monetary Authority of Singapore as on September 30, 2014.

	Loan Expiry Date	Loan Amount (RMB)			Loan Amount (U.S. Dollars)
Short-term loan receivables
JiangHuai (Project – Yu Jin Jiang An)	May 31,2013		2,000			325
Less: allowance for impairment	Dec 31, 2013		(2,000	)		(325	)
Net short-term loan receivables			-			-
Long-term loan receivables
Jun Zhou Zhi Ye	Oct 31, 2016		5,000			814
Net loan-term loan receivables from property development projects			5,000			814

The following table presents TTCQ’s loan receivable from property development projects in China as of June 30, 2014. The exchange rate is based on the date published by the Monetary Authority of Singapore as on June 30, 2014.

	Loan Expiry Date	Loan Amount (RMB)			Loan Amount (U.S. Dollars)
Short-term loan receivables
JiangHuai (Project – Yu Jin Jiang An)	May 31,2013		2,000			325
Less: allowance for impairment	Dec 31, 2013		(2,000	)		(325	)
Net short-term loan receivables			-			-
Long-term loan receivables
Jun Zhou Zhi Ye	Oct 31, 2016		5,000			805
Net loan-term loan receivables from property development projects			5,000			805