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BANK LOANS PAYABLE (Tables)
12 Months Ended
Jun. 30, 2014
Bank Loans Payable Tables  
Bank loans payable
    For the Year Ended June 30,  
    2014     2013  
Note payable denominated in Singapore dollars to a commercial bank for expansion plans in Singapore and China, bearing interest at the bank’s prime rate plus 1.50% (4.75% at June 30, 2014 and 2013), with monthly payments of principal plus interest of $54 through December 2014. This note payable is secured by equipment with a carrying value of $469 and $537 on the consolidated balance sheet.     260       885  
                 
Note payable denominated in Malaysian ringgit to a commercial bank for expansion plans in Malaysia, maturing in August 2024, bearing interest at the bank’s lending rate (5.35% at June 30, 2014 and 2013), with monthly payments of principal plus interest of $23 through August 2024 in fiscal year 2014, and $29 through August 2024 in fiscal year 2013. This loan payable is secured by a charge on the property in Malaysia with a carrying value of $3,748 and $4,252 as at June 30, 2014 and 2013, respectively.     2,786       2,498  
                 
Current portion     (448 )     (770 )
Long term portion of bank loans payable   $ 2,598     $ 2,613  
Future minimum payments

Future minimum payments (excluding interest) as of June 30, 2014 were as follows:

 

2015   $ 448  
2016                         198  
2017     209  
2018     220  
2019                         138  
Thereafter     1,833  
Total obligations and commitments   $ 3,046  

 

Future minimum payments (excluding interest) as of June 30, 2013 were as follows:

 

2014   $ 770  
2015     413  
2016     161  
2017     169  
2018     178  
Thereafter     1,692  
Total obligations and commitments   $ 3,383