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BANK LOANS PAYABLE (Tables)
3 Months Ended
Sep. 30, 2016
Bank Loans Payable Tables  
Bank loans payable
   Sept. 30,
2016
(Unaudited)
  June 30,
2016
Note payable denominated in RM to a commercial bank for expansion plans in Malaysia, maturing in August 2024, bearing interest at the bank’s prime rate plus 1.50% (5.25% and 5.45% at September 30, 2016 and June 30, 2016) per annum, with monthly payments of principal plus interest through August 2024, collateralized by the acquired building with a carrying value of $2,800 and 2,898, as at September 30, 2016 and June 30, 2016, respectively.   1,815    1,919 
           
Note payable denominated in U.S. dollars to a commercial bank for expansion plans in Singapore and its subsidiaries, maturing in March 2017, bearing interest at the bank’s lending rate (7.5% and 7.3% at September 30, 2016 and June 30, 2016) with monthly payments of principal plus interest through April 2017. This note payable is secured by plant and equipment with a carrying value of $275 and 294, as at September 30, 2016 and June 30, 2016, respectively.   103    148 
           
      Current portion   (295)   (342)
      Long term portion of bank loans payable  $1,623   $1,725 
Future minimum payments

Future minimum payments (excluding interest) as at September 30, 2016 were as follows: 

 

2017   $ 295  
2018     202  
2019     213  
2020     224  
2021     236  
Thereafter     748  
Total obligations and commitments   $ 1,918  

 

Future minimum payments (excluding interest) as at June 30, 2016 were as follows: 

 

2017   $ 342  
2018     204  
2019     215  
2020     226  
2021     239  
Thereafter     841  
Total obligations and commitments   $ 2,067