Corporate Announcement
Security Code : 532173    Company : CYBERTECH    
 
Cyber Tech Systems - Updates 
  Exchange Disseminated Time     
Cyber Tech Systems & Software Ltd has informed BSE that the Company has been exploring various ways to grow its business. The Board of Directors of the Company have authorized Mr. Viswanath Tadimety to negotiate with suitable parties for setting up a joint venture in the Middle East for taking up I.T. business. Consequent to the discussions, a MOU has been signed with Gold Coastway Ltd to form a Joint Venture Company in the Kingdom of Bahrain. The Company will be investing about U.S. Dollars 250,000 in the joint venture and will be the majority partner owning 55% of the total investment.
 

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