Mold Tek Technologies to consider acquisitions

Mold Tek Technologies Ltd has announced that a meeting of the Board of Directors of the Company will be held on January 10, 2007, to consider and to take on record the following:

1. Acquisition / Merger of Tech-Men Tools Pvt Ltd, a Company involved in manufacturing of plastic packaging products.

2. To create / demerge Engineering KPO division of the Company into a fully owned subsidiary in order to create better valuation and focus in its rapidly growing Engineering KPO and to bring in strategic investors and acquire USA based Engineering / Detailing Services Company / Companies.

3. To review proposals for possible Acquisitions of USA based Engineering / Detailing KPO Company.

4. To decide the date for holding EGM for share holder's approvals of the above.

Source : Equity Bulls

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