BANK LOANS PAYABLE (Tables)

3 Months Ended

Sep. 30, 2015

Bank Loans Payable Tables

Bank loans payable

	Sept. 30, 2015 (Unaudited)			June 30, 2015
Note payable denominated in Malaysian ringgit to a commercial bank for expansion plans in Malaysia, maturing in August 2024, bearing interest at the bank’s prime rate (7.3% at September 30, 2015 and June 30, 2015) per annum, with monthly payments of principal plus interest through August 2024, collateralized by the acquired building with a carrying value of $2,667.		1,854			2,218
Note payable denominated in U.S. dollars to a financial institution for working capital plans in Singapore and its subsidiaries, maturing in December 2015, bearing interest at the bank’s prime rate plus 1.50% (4.1% to 6.9% at September 30, 2015 and June 30, 2015) with monthly payments of principal plus interest through December 2014. This note payable is secured by plant and equipment with a carrying value of $337.		266			326
Current portion		(310	)		(346	)
Long term portion of bank loans payable	$	1,810		$	2,198

Future minimum payments

Future minimum payments (excluding interest) as at September 30, 2015 were as follows: 

2017	$	310
2018		248
2019		158
2020		166
2021		175
Thereafter		1,063
Total obligations and commitments	$	2,120

Future minimum payments (excluding interest) as at June 30, 2015 were as follows: 

2016	$	346
2017		322
2018		183
2019		193
2020		203
Thereafter		1,297
Total obligations and commitments	$	2,544