BANK LOANS PAYABLE (Tables)

3 Months Ended

Sep. 30, 2017

Bank Loans Payable Tables

Bank loans payable

	Sept. 30, 2017 (Unaudited)		June 30, 2017
Note payable denominated in RM for expansion plans in Malaysia, maturing in August 2024, bearing interest at the bank’s prime rate less 1.50% (5.25% and 5.25% at September 30, 2017 and June 30, 2017) per annum, with monthly payments of principal plus interest through August 2024, collateralized by the acquired building with a carrying value of $2,704 and 2,671, as at September 30, 2017 and June 30, 2017, respectively.		1,567		1,735
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% and 3.96% for September 30, 2017 and June 30, 2017) with monthly payments of principal plus interest through June 2020. This note payable is secured by plant and equipment with a carrying value of $212 and $224, as at September 30, 2017 and June 30, 2017, respectively.		398		196
Long term portion of bank loans payable	$	1,965	$	1,931

Current portion of bank loan payable		342		271
Currency translation effect on current portion of bank loan		1		(11	)
Current portion of bank loan payable		343		260
Long term portion of bank loan payable		1,623		1,660
Currency translation effect on long-term portion of bank loan		27		(108	)
Long term portion of bank loans payable	$	1,650	$	1,552

Future minimum payments

Future minimum payments (excluding interest) as at September 30, 2017 were as follows: 

2018	$	343
2019		359
2020		324
2021		231
2022		182
Thereafter		554
Total obligations and commitments	$	1,993

Future minimum payments (excluding interest) as at June 30, 2017 were as follows: 

2018	$	260
2019		273
2020		274
2021		225
2022		236
Thereafter		544
Total obligations and commitments	$	1,812