Cuba returns $2m debt to Dien Quang JSC
Dien Quang Light bulb Joint Stock Co (coded DQC) has lately announced that the Cuba partner already mapped out the debt payment plan for the company in 2011.
In the first two months, the foreign partner has transferred to the company’s $2.1 million of debt. The Cuba party expected to pay the debt of $56.4 million within the period of 6 years, starting from January 2011.
In its latest annual shareholders meeting, the company has released the targeted year plan with total revenue of 699 billion dong, profit of 55.5 billion dong.
At present, the company hasn’t had any real estate investment plan in the area near Ham Nghi head office in Dist 1, HCM City.
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