Investment13 Jan 2025, 05:50 pm
Zen Technologies to Invest up to USD 10 Million in Wholly Owned Subsidiary Zen Technologies USA, Inc
AI Summary
Zen Technologies Limited has approved an investment of up to USD 10 million in its wholly owned subsidiary, Zen Technologies USA, Inc. The investment will be made in one or more tranches and is aimed at leveraging new growth opportunities in the US markets. Zen Technologies USA, Inc is primarily focused on the design and development of combat training simulators and systems for military and security forces.
Key Highlights
- Zen Technologies to invest up to USD 10 million in its wholly owned subsidiary.
- Investment aims at leveraging new growth opportunities in the US markets.
- Zen Technologies USA, Inc focuses on design and development of combat training simulators and systems.