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BANK LOANS PAYABLE (Tables)
6 Months Ended
Dec. 31, 2020
Loans Payable [Abstract]  
Bank loans payable
   

Dec. 31, 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 December 31, 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 $2,982 and $2,543, as at December 31, 2020 and June 30, 2020, respectively.   $ 2,015     $ 2,295  
Financing arrangement at fixed interest rate 3.2% per annum, with monthly payments of principal plus interest through July 2025.     190       -  
      Total bank loans payable   $ 2,205     $ 2,295  

 

Current portion of bank loans payable   $ 418     $ 384  
Currency translation effect on current portion of bank loans     25       (14 )
                              Current portion of bank loans payable     443       370  
Long-term portion of bank loans payable     1,787       1,911  
Currency translation effect on long-term portion of bank loans     112       (75 )
                           Long-term portion of bank loans payable   $ 1,899     $ 1,836  
Future minimum payments

Future minimum payments (excluding interest) as at December 31, 2020 were as follows: 

 

Remainder of fiscal 2021   $ 443  
2022     460  
2023     478  
2024     341  
2025     197  
Thereafter     423  
Total obligations and commitments   $ 2,342  

 

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