BANK LOANS PAYABLE (Tables)

9 Months Ended

Mar. 31, 2019

Bank Loans Payable Tables

Bank loans payable

	Mar. 31, 2019 (Unaudited)			June 30, 2018
Note payable denominated in RM for expansion plans in Malaysia, maturing in August 2028, bearing interest at the bank’s prime rate less 1.50% (5.00% at March 31, 2019 and June 30, 2018) per annum, with monthly payments of principal plus interest through August 2028, collateralized by the acquired building with a carrying value of $2,727 and $2,809, as at March 31, 2019 and June 30, 2018, respectively.		2,779			1,615
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% for March 31, 2019 and June 30, 2018) with monthly payments of principal plus interest through June 2020. This note payable is secured by plant and equipment with a carrying value of $158 and $187, as at March 31, 2019 and June 30, 2018, respectively.		180			293
Currency translation effect on bank loan payable		(25	)		(104	)
Total bank loans payable	$	2,934		$	1,804

Current portion of bank loan payable		495			380
Currency translation effect on current portion of bank loan		(3	)		(13	)
Current portion of bank loan payable		492			367
Long term portion of bank loan payable		2,465			1,528
Currency translation effect on long-term portion of bank loan		(23	)		(91	)
Long term portion of bank loans payable	$	2,442		$	1,437

Future minimum payments

Future minimum payments (excluding interest) as at March 31, 2019 were as follows: 

2019	$	492
2020		383
2021		375
2022		394
2023		205
Thereafter		1,085
Total obligations and commitments	$	2,934

Future minimum payments (excluding interest) as at June 30, 2018 were as follows: 

2019	$	367
2020		372
2021		242
2022		254
2023		267
Thereafter		302
Total obligations and commitments	$	1,804