BANK LOANS PAYABLE (Tables)

6 Months Ended

Dec. 31, 2018

Bank Loans Payable Tables

Bank loans payable

	Dec. 31, 2018 (Unaudited)			June 30, 2018
Note payable denominated in RM for expansion plans in Malaysia, maturing in August 2028, bearing interest at the bank’s prime rate less 1.50% (5.00% at December 31, 2018 and June 30, 2018) per annum, with monthly payments of principal plus interest through August 2028, collateralized by the acquired building with a carrying value of $7,518 and $2,809, as at December 31, 2018 and June 30, 2018, respectively.		2,861			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 December 31, 2018 and June 30, 2018) with monthly payments of principal plus interest through June 2020. This note payable is secured by plant and equipment with a carrying value of $228 and $187, as at December 31, 2018 and June 30, 2018, respectively.		218			293
Currency translation effect on bank loan payable		(74	)		(104	)
Total bank loans payable	$	3,005		$	1,804

Current portion of bank loan payable		489			380
Currency translation effect on current portion of bank loan		(9	)		(13	)
Current portion of bank loan payable		480			367
Long term portion of bank loan payable		2,590			1,528
Currency translation effect on long-term portion of bank loan		(65	)		(91	)
Long term portion of bank loans payable	$	2,525		$	1,437

Future minimum payments

Future minimum payments (excluding interest) as at December 31, 2018 were as follows: 

2019	$	480
2020		411
2021		364
2022		383
2023		300
Thereafter		1,067
Total obligations and commitments	$	3,005

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

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