Ma hengda plan to inject it get rid of the debt of Dragon troubles
Super cars news as far as India Times reported that India multi-purpose vehicle manufacturers inject Ma hengda plan, help them get rid of us debt.
Ma hengda plans acquisition of double Dragon 4 billion worth of stock for Dragon holdings. Double Dragon will use the money to repay the debt of approximately $ 3.2.
Ma hengda automobile Department operating Director Rajesh Jejurikar stated: "double Dragon current operating margin of approximately 2%. We plan to this December or January under the Dragon into the flag. "By then, the Dragon will completely get rid of debt distress.
August 23, MA hengda signed the acquisition of SsangYong motor memorandum of most of the stock. Ma hengda stated: "SsangYong motor will continue in the ROK management independent operations. Ma hengda acquired SsangYong aims in Korea to become the largest employer in India. ��
(Super car network)