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Adamas Finance Asia reveals 'exciting' updates on two portfolio companies in China

Suresh Withana from Harmony Capital Investors, the adviser to Adamas Finance Asia Limited (LON:ADAM) gives Proactive an update on two of its portfolio companies. Withana says wind turbine design and wind turbine blade manufacturing company Meize Energy Industries Holdings in China has opened a third production facility in Jiangsu. Withana also offered an update on portfolio company Future Metal Holdings, which he says has successfully completed its mining licence renewal.

Quick facts: Adamas Finance Asia Limited

Price: 21 GBX

AIM:ADAM
Market: AIM
Market Cap: £24.21 m
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Adamas Finance Asia to raise £3.13mln and change its name to Jade Road...

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...

on 17/7/20

2 min read