30th Aug 2019 07:00
30 August 2019
ADAMAS FINANCE ASIA LIMITED
"ADAM" or the "Company"
Successful Funding of Investment Commitment
Adamas Finance Asia Limited, the London quoted pan-Asian diversified investment vehicle, is pleased to announce that, further to its announcement on 15 July 2019, it has successfully funded the second tranche of its existing investment commitment to Infinity Capital Group Limited ("ICG").
The second tranche of the loan also represents a commitment of US$2m which is being equally funded by the Company and a Hong Kong based family office, and is provided on the same terms as announced on 15 July 2019.
Enquiries
Adamas Finance Asia Limited | +44 (0) 1825 830587 |
John Croft |
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WH Ireland Limited - Nominated Adviser | +44 (0) 20 7220 1666 |
James Joyce James Sinclair Ford |
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VSA Capital Limited - Joint Corporate Broker | +44 (0) 20 3005 5000 |
Andrew Monk Andrew Raca |
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Pello Capital Limited - Joint Corporate Broker | +44 (0) 20 3700 2500 |
Tim Sohal |
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Buchanan - Financial PR | +44 (0) 20 7466 5000 |
Charles Ryland Victoria Hayns Henry Wilson |
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The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014
About Adamas Finance Asia
ADAM is a London quoted investment company focusing on delivering long-term income and capital growth to shareholders through a diverse portfolio of pan-Asian investments. It aims to provide uncorrelated returns through a combination of capital growth and dividend income from a broad spectrum of national geographies and asset classes from the Asian Small and Medium Enterprise (SME) sector.
The company's investment manager, Harmony Capital, which has a dedicated team with real Asian expertise, is focused on the strategy of creating income and capital growth. Harmony is sourcing predominately private opportunities and has created a strong pipeline of income generating assets from potential investments in industries such as healthcare, fintech, hospitality, IT and property across Asia.
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