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R Systems Announces its Board Meeting to inter alia consider the following
Noida,
May 16, 2007: The meeting of the Board of Directors of R Systems International Limited is scheduled to be held on Wednesday, May 23, 2007 at the Corporate Office of the Company at C – 40, Sector – 59, Noida to inter alia consider the following:
- To consider, discuss and approve the repayment of the outstanding amount of external commercial borrowings of USD 340,000. The said amount was obtained from our wholly owned subsidiary company R Systems (Singapore) Pte. Ltd as external commercial borrowings during July 2003 to October 2003.
- To consider, discuss and approve an investment on the conversion of warrants held by R Systems International Limited in VantageMed Corporation or surrender of rights under the said warrants for consideration.
For
further information please contact:
Nand Sardana (Tel No. 0120 - 430
3506)
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