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BANK LOANS PAYABLE (Tables)
9 Months Ended
Mar. 31, 2014
Bank Loans Payable Tables  
Bank loans payable
   

March 31, 2014

(Unaudited)

   

 

June 30,

2013

 
Note payable denominated in Malaysian ringgit to a commercial bank for infrastructure investment, maturing in August 2024, bearing interest at the bank’s prime rate (5.1% at March 31, 2014) per annum, with monthly payments of principal plus interest through August 2024, collateralized by the acquired building with the net book value of Malaysian ringgit 12,085, or approximately $3,698.     2,783       2,498  
                 
Note payable denominated in U.S. dollars to a financial institution for working capital plans in Singapore and its subsidiaries, maturing in December 2014, bearing interest at the bank’s prime rate plus 1.50% (5.1% at March 31, 2014) per annum, monthly payments of principal plus interest through December 2014. This note payable is secured by plant and equipment with the net book value of Singapore dollars 603, or approximately $478.     417       885  
                 
      Current portion     (599 )     (770 )
      Long term portion of bank loans payable   $ 2,601     $ 2,613  
Future minimum payments
2013   $ 599  
2014     192  
2015     203  
2016     214  
2017     179  
Thereafter     1,813  
Total obligations and commitments   $ 3,200