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Adamas Finance Asia: Foundations In Place For Portfolio Transformation

Fri, 19th Jun 2015 10:50

LONDON (Alliance News) - Adamas Finance Asia Ltd Friday said it has a good foundation for transforming its underlying portfolio into one that will be entirely income generating.

"I believe that we have established a sound platform on which to deliver the transformation in the underlying portfolio to one that ultimately will be entirely income generating and which will thereby enable us to begin to deliver attractive returns to our shareholders," Chairman John Croft said in a statement.

The company said its loss before and after tax narrowed to USD545,000 in 2014 from USD1.7 million in 2013.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.

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6 Jun 2014 11:32

Adamas Finance Asia Loss Narrows As It Enters New Phase

LONDON (Alliance News) - Adamas Finance Asia Ltd Friday reported an increase in its net asset value and a narrower loss in its last financial year. In a statement, Adamas Finance Asia, which changed its name from China Private Equity Investment Holdings Ltd after a reverse takeover in Febru

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28 May 2014 10:11

Adamas Investment Makes Profitable Exit From Project

LONDON (Alliance News) - Adamas Finance Asia Ltd Wednesday said an investment fund in which it invested USD500,000 in April 2014 has achieved a gross internal rate of return from a newly exited project. In a statement, Adamas said that BRJ China Credit Fund Ltd's exit from Project Renheng c

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29 Apr 2014 12:13

Adamas Finance Asia Says BRJ China Credit Fund Achieves Strong Exit

LONDON (Alliance News) - Adamas Finance Asia Ltd Tuesday said an investment fund in which it invested USD500,000 earlier this month has achieved a gross internal rate of return of 31.83% from a newly-exited project, Project Changlelu. BRJ China Credit Fund Ltd was launched in August 2013 by

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9 Apr 2014 10:09

Adamas Finance Asia To Invest USD500,000 Into Investment Fund

LONDON (Alliance News) - Adamas Finance Asia Ltd Wednesday said it has agreed to invest USD500,000 into an investment fund launched by Adamas Asset Management HK Ltd, the Hong Kong-based investment management firm which has been acting as its investment manager. The fund is an investment ve

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1 Apr 2014 12:18

Adamas Gets First Dividend Distribution From Greater China Credit Fund

LONDON (Alliance News) - Adamas Finance Asia Ltd said Tuesday that it had received its first dividend distribution of USD75,300 from its investment in the Greater China Credit Fund. The fund is an investment vehicle established by Hong Kong-based Adamas Asset Management Ltd, which became Ad

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