Mold-Tek Technologies has informed that a meeting of the Board of Directors of the Company is scheduled on 11th December, 2019, to enter into Memorandum of Understanding (MOU) with an Italian Engineering Services company specialized in Industrial Robotics and Automation, having clients and offices in Europe, USA and Asia, with an intention to enhance market synergies and new client acquisitions. Also to pave the path of shareholding/ acquiring the same in future; and to enter into Memorandum of Understanding (MOU) for Mutual Marketing synergies with an Indian Engineering Services company specializing in product development with CAE and FEA for faster growth in Mechanical Engineering Services.
The above information is a part of company’s filings submitted to BSE.