News May 2007
R Systems Announce the outcome of its Board Meeting
Noida, May 23, 2007: The Board of directors of R Systems
International Limited at its meeting held on May 23, 2007 has inter alia unanimously
approved the following:
- Repayment of the outstanding amount of external commercial borrowings obtained from
the wholly owned subsidiary R Systems (Singapore) Pte. Ltd during July 2003 to October
2003 amounting to USD 340,000.
- Investment on conversion of warrants or surrender of rights under the warrants held
by R Systems International Limited in VantageMed Corporation.
For further information please contact:
Nand Sardana (Tel No. 0120 - 430 3506)