Brief: HCL Infosystems Approves Sale Of Ownership, Control Held By Nurture Technologies In Units
15/10/2018 11:46
Oct 15 (Reuters) - HCL Infosystems Ltd HCLI.NS :
* APPROVED DECISION OF SINGAPORE UNIT TO SELL ENTIRE
OWNERSHIP AND
CONTROL HELD BY NURTURE TECHNOLOGIES IN ITS DIRECT UNITS
* NURTURE TECHNOLOGIES FZE SHALL CONTINUE TO REMAIN WITH HCL
INSYS
PTE
* SALE WILL INCLUDE ENTIRE OWNERSHIP & CONTROL IN GIBRALTAR
TECHNOLOGIES WLL (QATAR)
* SALE TO CONSORTIUM OF INDIVIDUALS AT CONSIDERATION OF AED
3.4
MILLION
Source text: http://bit.ly/2QSSRk0
Further company coverage: HCLI.NS
((Reuters.Briefs@thomsonreuters.com;))
Recent news on HCL Infosystems
See all newsBrief: HCL Infosystems Says Tax Authority Modifies Order-In-Original, Imposes Penalty Of 8 Million Rupees
Brief: HCL Infosystems Says Tax Demand Of 228.5 Million Rupees With Interest And Penalty Set Aside
Brief: HCL Infosystems Receives 263.5 Million Rupees VAT Refund
Brief: HCL Infosystems Receives Tax Demand Aggregating To 43.8 Million Rupees
Brief: HCL Infosystems To Issue 3.6 Million Unsecured NCDs Of 1,000 Rupees Each