BANK LOANS PAYABLE (Tables)

3 Months Ended

Sep. 30, 2020

Loans Payable [Abstract]

Bank loans payable

 Bank loans payable consisted of the following:

	Sept. 30, 2020 (Unaudited)		June 30, 2020
Note payable denominated in RM for expansion plans in Malaysia, maturing in August 2028, bearing interest at the bank’s prime rate less 2.00% (3.85% at September 30, 2020 and June 30, 2020, respectively) per annum, with monthly payments of principal plus interest through August 2028, collateralized by the acquired building with a carrying value of $2,621 and $2,543, as at September 30, 2020 and June 30, 2020, respectively.		2,113		2,295
Financing arrangement at fixed interest rate 3.2% per annum, with monthly payments of principal plus interest through July 2025.		199		—
Total bank loans payable	$	2,312	$	2,295

Current portion of bank loans payable		413		384
Currency translation effect on current portion of bank loans		12		(14	)
Current portion of bank loans payable		425		370
Long-term portion of bank loans payable		1,899		1,911
Currency translation effect on long-term portion of bank loans		57		(75	)
Long-term portion of bank loans payable	$	1,956	$	1,836

Future minimum payments

Future minimum payments (excluding interest) as at September 30, 2020 were as follows: 

Remainder of fiscal 2021	$	429
2022		442
2023		457
2024		397
2025		201
Thereafter		455
Total obligations and commitments	$	2,381

Future minimum payments (excluding interest) as at June 30, 2020 were as follows: 

2021	$	370
2022		384
2023		400
2024		403
2025		158
Thereafter		491
Total obligations and commitments	$	2,206