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Adamas Finance Asia welcomes US$1.7mln in new funding as Asian economies begin to reopen

Suresh Withana from Harmony Capital Investors, the adviser to Adamas Finance Asia (LON:ADAM), speaks to Proactive London's Andrew Scott soon after raising US$1.72mln through a new subscription to its US dollar-denominated corporate bond.

It came from high net worth individuals and family offices in the Middle East.

On the restart of Asian economies he says the signs are there ... ''Countries such as China, certainly Hong Kong and other parts of Asia are slowly coming back''.

''Obviously there's caution because there's been some second wave issues ... but as a whole we're starting to see a resumption of activity''.

Quick facts: Adamas Finance Asia Limited

Price: 24.5 GBX

AIM:ADAM
Market: AIM
Market Cap: £25.17 m
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on 17/8/20

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