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15. BANK LOANS PAYABLE (Tables)
12 Months Ended
Jun. 30, 2017
Bank Loans Payable Tables  
Bank loans payable
    June 30, 2017     June 30, 2016  
Note payable denominated in RM for expansion plans in Malaysia, maturing in August 2024, bearing interest at the bank’s prime rate less 1.50% (5.25% and 5.45% at June 30, 2017 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 $2,671 and 2,898, as at June 30, 2017 and June 30, 2016, respectively.     1,735       2,052  
                 
Note payable denominated in U.S. dollars for expansion plans in Singapore and its subsidiaries, maturing in April 2020, bearing interest at the bank’s lending rate (3.96% and 7.5% for June 30, 2017 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 $224 and $294, as at June 30, 2017 and June 30, 2016, respectively.     196       154  
                 
Total bank loans payable     1,931       2,206  
                 
Current portion of bank loan payable     271       352  
Currency translation effect on current portion of bank loan     (11 )     (10 )
                              Current portion of bank loan payable     260       342  
Long term portion of bank loan payable     1,660       1,854  
Currency translation effect on long-term portion of bank loan     (108 )     (129 )
                           Long term portion of bank loans payable   $ 1,552     $ 1,725  
Future minimum payments

Future minimum payments (excluding interest) as of June 30, 2017 were as follows:

 

2018   $ 260  
2019     273  
2020     274  
2021     225  
2022     236  
Thereafter     544  
Total obligations and commitments   $ 1,812  

 

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

 

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