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Asia Alliance Holdings Co Ltd Announces Subsidiary's Debt Waiver; Expects Extraordinary Profit for FY 2014


Friday, 8 Nov 2013 01:00am EST 

Asia Alliance Holdings Co Ltd announced that its subsidiary was forgiven a debt of JPY 2,387,581,877 on July 31, 2013. The subsidiary has also been reduced a debt of RMB 274,084,200 on September 13, 2013. The Company expects JPY 67,556,096 extraordinary profit on debt waiver and JPY 274,084,200 extraordinary profit on debt reduction for the fiscal year ending March 2014. 

Company Quote

16.0
-1.0 -5.88%
2:00am EDT