Adamas Finance Asia Ltd - Asia-focused small business investor - Further delay further delay in the receipt of remaining subscription funds raised in August. It expects the remaining subscription monies from placees to be remitted over the course of the next few days. Has received about 60% of subscribed shares. Believes hold up to be logistical. Admission to be October 7. Says proposed name change will occur as soon as practicable after the placing and open offer has been completed.
Current stock price: 24.00 pence
Year-to-date change: up 28%
By Paul McGowan; paulmcgowan@alliancenews.com
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