Nucleus Software Exports shuts down its step-down subsidiary in Singapore

11 Mar 2014

In order to rationalize operations, Nucleus Software Exports has closed down its step-down subsidiary by the name of VirStra i-Technology (Singapore) with effect from February 19, 2014. The name of the Company has been struck off and published in the final gazette notification issued by Accounting and Corporate Regulatory Authority, Singapore. Earlier, the company had incorporated a wholly owned subsidiary (WOS) named ‘Nucleus Software Australia’ on February 03, 2014. The company is incorporated with a view to tap the business potential in Australia Region.

Nucleus Software Exports a leading provider of software solutions to the Banking, Financial Services Industry (BFSI). It has developed solutions spanning from retail banking to corporate banking, cash management, internet banking and credit cards.

 

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