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LOAN RECEIVABLE FROM PROPERTY DEVELOPMENT PROJECTS (Tables) | 3 Months Ended
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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 |

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