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Banking facilities (Tables)
12 Months Ended
Mar. 31, 2016
Banking and Thrift [Abstract]  
General banking facilities
    Amount available     Amount utilized     Amount unutilized  

Terms of banking

facilities as of

    March 31,     March 31,     March 31,   March 31, 2016
    2015     2016     2015     2016     2015     2016   Interest   Repayment
    $ in thousands     $ in thousands     $ in thousands   rate   terms
Import and export  facilities                                                 
                                                   
Combined limit     2,564       2,564       1,830       1,237       734       1,327         
                                                               
Including sub-limit of:
Notes payable     2,308       2,308       1,830       1,237       478       1,071   HIBOR* +2.5%   Repayable in full within 120 days
Bank overdrafts     641       641       -       -       641       641  

Prime rate

+ 1%

  Repayable on demand
Factoring     2,400       2,400       -       -       2,400       2,400   HIBOR* +1.5%   Repayable in 60 days
                                                               
Other facilities                                                             
Export Documentary Credits     641       641       -       -       641       641         
Short Term
Loans
    3,547       1,923       1,026       -       2,521       1,923   (Note A)   Revolving loan repayable in 30 days
Long Term Loans (1)     2,686       1,061       2,350       506       336       555   (Note A)  

Term loans repayable

monthly over 3 years.

                                                               
      9,438       6,189       5,206       1,743       4,232       4,446         

 

Note A: HIBOR* +2.25% for loans in Hong Kong. People's Bank of China’s loan benchmark interest rate times 110% for loans in PRC.

 

(1) A clause in the banking facilities states that the term loans are subject to review any time and also subject to the bank's overriding right of repayment on demand, including the right to call for cash cover on demand for prospective and contingent liabilities.  Therefore, all long-term loans were classified as current liabilities in the consolidated balance sheets.

 

* HIBOR is the Hong Kong Interbank Offer Rate

Short-term borrowings
    During the fiscal year ended March 31,  
    2015     2016  
             
Bank overdrafts     6.00 %     6.00 %
Notes payable     2.92 %     2.94 %
Term Loan in Hong Kong     2.47 %     2.50 %
Term Loan in PRC     6.77 %     6.77 %
Factoring     1.74 %     1.74 %