BANK LOANS PAYABLE

12 Months Ended

Jun. 30, 2019

Loans Payable [Abstract]

BANK LOANS PAYABLE

Bank loans payable consisted of the following:

	June 30, 2019			June 30, 2018
Note payable denominated in RM for expansion plans in Malaysia, maturing in August 2024, bearing interest rate at bank’s lending rate minus 2% and 5.00% at June 30, 2019 and June 30, 2018 per annum, with monthly payments of principal plus interest through August 2024, collateralized by the acquired building with a carrying value of $2,683 and $2,809, as at June 30, 2019 and June 30, 2018, respectively.	$	2 ,696		$	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 June 30, 2019 and June 30, 2018, respectively) with monthly payments of principal plus interest through April 2017. This note payable is secured by plant and equipment with a carrying value of $148 and $187 as of June 30, 2019 and June 30, 2018, respectively.		142			293
Total bank loans payable		2,838			1,908
Current portion of bank loan payable		494			380
Currency translation effect on current portion of bank loan		(6	)		(13	)
Current portion of bank loan payable		488			367
Long term portion of bank loan payable		2,344			1,528
Currency translation effect on long-term portion of bank loan		(52	)		(91	)
Long term portion of bank loans payable	$	2,292		$	1,437

Future minimum payments (excluding interest) as of June 30, 2019 were as follows:

2020	$	488
2021		362
2022		380
2023		399
2024		407
Thereafter		744
Total obligations and commitments	$	2,780

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

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