LOAN RECEIVABLE FROM PROPERTY DEVELOPMENT PROJECTS (Tables)

6 Months Ended

Dec. 31, 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 December 31, 2014. The exchange rate is based on the date published by the Monetary Authority of Singapore as on December 31, 2014.

	Loan Expiry	Loan Amount			Loan Amount
Short-term loan receivables	Date	(RMB)			(U.S. Dollars)
JiangHuai (Project - Yu Jin Jiang An)	May 31, 2013		2,000			325
Less: allowance for impairment	Dec 31, 2013		(2,000	)		(325	)
Net loan receivable from property development projects			-			-

	Loan Expiry	Loan Amount			Loan Amount
Long-term loan receivables	Date	(RMB)			(U.S. Dollars)
Jun Zhou Zhi Ye	Oct 31, 2016		5,000			814
Less: transfer – down-payment for purchase of property			(5,000	)		(814	)
Net loan receivable from property development projects			-			-

The following table presents TTCQ’s loan receivable from property development projects in China as of June 30, 2014.

	Loan Expiry	Loan Amount			Loan Amount
Short-term loan receivables	Date	(RMB)			(U.S. Dollars)
Investment in JiangHuai (Project - Yu Jin Jiang An)	May 31, 2013		2,000			325
Less: allowance for doubtful receivables	Dec 31, 2013		(2,000	)		(325	)
Net loan receivable from property development projects			-			-

	Loan Expiry	Loan Amount		Loan Amount
Long-term loan receivables	Date	(RMB)		(U.S. Dollars)
Jun Zhou Zhi Ye	Oct 31, 2016		5,000		805
Net loan receivable from property development projects			5,000		805