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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: 30.5 GBX

AIM:ADAM
Market: AIM
Market Cap: £26.81 m
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Full interview: Adamas Finance Asia's Harmony Capital 'delivers' on promises...

Harmony Capital, of Adamas Finance Asia Limited (LON:ADAM) says market conditions for its largest investment, a quarry in China, are set for a strong period of growth following the asset going into production on December 27th. Managing Partner of the investment manager Suresh Withana tells...

3 weeks ago

2 min read