June 30, 2020

June 30, 2019

Note payable denominated in RM for expansion plans in Malaysia, maturing in August 2024, bearing interest rates at 3.85% and 4.80% at June 30, 2020 and June 30, 2019 per annum, respectively, with monthly payments of principal plus interest through August 2024, collateralized by the acquired building with a carrying value of $2,543 and $2,683, as at June 30, 2020 and June 30, 2019, respectively.

$

2,295

$

2 ,696

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 both June 30, 2020 and June 30, 2019) with monthly payments of principal plus interest through April 2017. This note payable is secured by plant and equipment with a carrying value of $nil as of June 30,2020 and $187 as of June 30, 2019. The loans were fully repaid in June 2020.

-

142

Total bank loans payable

2,295

2,838

Current portion of bank loan payable

384

494

Currency translation effect on current portion of bank loan

(14

)

(6

)

Current portion of bank loan payable

370

488

Long term portion of bank loan payable

1,911

2,344

Currency translation effect on long-term portion of bank loan

(75

)

(52

)

Long term portion of bank loans payable

$

1,836

$

2,292