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Adamas Finance Asia to raise £3.13mln and change its name to Jade Road Investments

Suresh Withana from Harmony Capital Investors, the adviser to Adamas Finance Asia Limited (LON:ADAM), discusses with Proactive plans to raise £3.13mln from a placing and open offer as well as why they're looking to change its name to Jade Road Investments. He says the fundraise will help bolster its balance sheet and to allow them to pursue a wide range of investment prospects.

Quick facts: Adamas Finance Asia Limited

Price: 29.5 GBX

AIM:ADAM
Market: AIM
Market Cap: £25.93 m
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Adamas Finance Asia sees its portfolio income increase by over 500% in 2019

Suresh Withana from Harmony Capital Investors, the adviser to Adamas Finance Asia Limited (LON:ADAM), caught up with Proactive's Andrew Scott to discuss its 2019 results as well as update on the current situation as many countries in which its portfolio companies operate show early signs of...

on 20/5/20

2 min read