Adamas Finance Asia Ltd - Asia-focused investor - Says there has been 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. Application made for open offer shares to be admitted to trading on September 21. Says proposed name change will occur as soon as practicable after the placing and open offer has been completed.
Current stock price: 25.5 pence
Year-to-date change: up 36%
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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