BANK LOANS PAYABLE (Tables)

9 Months Ended

Mar. 31, 2018

Bank Loans Payable Tables

Bank loans payable

Bank loans payable consisted of the following:	Mar. 31, 2018 (Unaudited)			June 30, 2017
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% and 5.25% at March 31, 2018 and June 30, 2017) per annum, with monthly payments of principal plus interest through August 2024, collateralized by the acquired building with a carrying value of $2,931 and 2,671, as at March 31, 2018 and June 30, 2017, respectively.		1,805			1,735
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 3.96% for March 31, 2018 and June 30, 2017) with monthly payments of principal plus interest through June 2020. This note payable is secured by plant and equipment with a carrying value of $219 and $224, as at March 31, 2018 and June 30, 2017, respectively.		342			196
Total Bank loans payable		2,147			1,931
Current portion of bank loans payable		399			271
Currency translation effect on current portion of bank loans		(23	)		(11	)
Current portion of bank loan payable		376			260
Long term portion of bank loans payable		1,748			1,660
Currency translation effect on long-term portion of bank loans		(155	)		(108	)
Long term portion of bank loans payable	$	1,593		$	1,552

Future minimum payments

Future minimum payments (excluding interest) as at March 31, 2018 were as follows: 

2018	$	376
2019		393
2020		277
2021		262
2022		67
Thereafter		594
Total obligations and commitments	$	1,969

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

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