R Systems International is considering a proposal of making an additional investment of upto $250,000 in R Systems Solutions Inc., USA a wholly owned subsidiary of R Systems International. The company is also considering the proposal of increasing the paid-up share capital of ECnet (M) Sdn. Bhd., Malaysia, which is a wholly owned subsidiary of ECnet, Singapore from RM 200,000 (Malaysian Ringgit) to RM 500,000. ECnet, Singapore is a 98.59% subsidiary of R Systems International.
The board may consider, discuss and transact the business at its forthcoming meeting on October 29, 2011.
R Systems International is a software product development and BPO services company. It helps companies bring products and services to market quicker by using its proprietary suite execution framework.
