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.
Adamas Finance Asia to raise £3.13mln and change its name to Jade Road Investments
Quick facts: Adamas Finance Asia Limited
Price: 29.5 GBX
Market Cap: £25.93 m
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