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Full interview: Adamas Finance Asia issues first corporate bond & takes stake in Japanese ski village

Suresh Withana from Harmony Capital, the investment advisers to Adamas Finance Asia Limited (LON:ADAM), updates Proactive London's Andrew Scott since announcing their first bond issue as well as the news they're to acquire a 40% interest in Infinity TNP, a newly formed subsidiary of Infinity Capital Group (ICG).

Adamas will pay ICG £5.63mln for the 40% stake, to be satisfied through the issue of 16.2mln shares at an assumed price of 34.8p per share, giving ICG a 16% stake in Adamas.

Quick facts: Adamas Finance Asia Limited

Price: 23.5 GBX

AIM:ADAM
Market: AIM
Market Cap: £20.66 m
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Full interview: Restructuring beginning to have 'considerable effect' on...

Suresh Withana from Harmony Capital, the investment manager of Adamas Finance Asia Limited (LON:ADAM), caught up with Proactive London to discuss its results for the six months to June 2019. Total income increased to US$1.25mln from interest payments and fair value adjustments (H1...

on 10/9/19

2 min read