LOAN RECEIVABLE FROM PROPERTY DEVELOPMENT PROJECTS (Tables)

3 Months Ended

Sep. 30, 2015

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, 2015. The exchange rate is based on the date published by the Monetary Authority of Singapore as of March 31, 2015, since the net loan receivable was “nil” as at September 30, 2015.

	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			(2,000	)		(325	)
Net loan receivables from property development projects			-			-
Long-term loan receivables
Jun Zhou Zhi Ye	Oct 31, 2016		5,000			814
Less: transfer – down-payment for  purchase of investment properties			(5,000	)		(814	)
Net loan receivables from property development projects			-			-

The following table presents TTCQ’s loan receivable from property development projects in China as of June 30, 2015. The exchange rate is based on the date published by the Monetary Authority of Singapore as of March 31, 2015, since the net loan receivable was “nil” as at June 30, 2015.

	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			(2,000	)		(325	)
Net loan receivables from property development projects			-			-
Long-term loan receivables
Jun Zhou Zhi Ye	Oct 31, 2016		5,000			814
Less: transfer – down-payment for  purchase of investment properties			(5,000	)		(814	)
Net loan receivables from property development projects			-			-