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Re: TedJ post# 85152

Monday, 02/10/2020 12:14:13 PM

Monday, February 10, 2020 12:14:13 PM

Post# of 104482
Hi Ted, I am not 100 percent sure of the following but I believe the reference to Amtronics India being the JV is incorrect. It is a subsidiary of Amtronics cc to do business in India and pay taxes in country.
That's what makes sense to me.

Technically the quote from the Amtronics India website should say " Amtronics India" not just "Amtronics".

Qamronics India PVT is the joint venture formed by Amtronics (India) and  Assam Electronics Development Corporation Ltd, (AMTRON) which is the State-owned Public Sector Undertaking of the Government headed by M.K.Yadava. 

'The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.'

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