Thomas Cook India’s subsidiary - Quess Corp (formerly known as IKYA Human Capital Solutions) has received an approval for additional investment of Rs 4.2 crore in the form of primary equity in Heptagon Technologies for 20% stake. The board of directors at its meeting held on May 16, 2017 had approved for the same.
The board also approved for investment of up to SGD 899,000 through Quesscorp Holdings, Singapore (QHPL) in the form of primary equity for 51% shareholding in an entity which shall be engaged in provision of general staffing and training services in Singapore.
Thomas Cook is the leading integrated travel and travel related financial services company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa & Passport services and E-Business. The company set up its first office in India in 1881.
