9 Jun 2020 16:00
ADAMAS FINANCE ASIA LIMITED
("ADAM" or the "Company")
AGM Update
Adamas Finance Asia Limited (AIM: ADAM), the London quoted company focused on providing shareholders with attractive uncorrelated, risk adjusted returns from a diversified portfolio of pan-Asian investments announces that it will hold its delayed 2019 AGM and 2020 AGM concurrently on 14 August 2020. Notices and voting instructions for both meetings will be sent to shareholders in due course.
The Company announced on 14th November 2019 that due to the civil unrest in Hong Kong at the end of 2019 it was further postponing the 2019 AGM. Since then, the Covid-19 pandemic has presented further issues in convening such a meeting. The Board is mindful of the requirement to hold such meetings on an annual basis. Given the extenuating circumstances at the end of 2019 and through Q1 of 2020, the Board's opinion is that seeking to complete the business for 2019 immediately before the 2020 meeting is the most efficient way forward at this time.
For further information, please visit the Company's website at http://adamasfinance.com and follow the Company on Twitter (@AdamasFinance).
FOR FURTHER INFORMATION, PLEASE CONTACT:
Adamas Finance Asia Limited | +44 (0) 778 531 5588 |
John Croft | |
WH Ireland Limited - Nominated Adviser | +44 (0) 20 7220 1666 |
James Joyce | |
James Sinclair-Ford | |
Pello Capital Limited - Joint Corporate Broker | +44 (0) 20 3700 2500 |
Mark Treharne | |
Maitland/AMO - Communications Advisor | +44 (0) 20 7379 5151 |
James Benjamin | |
Peter Hamid |
About Adamas Finance Asia
Adamas Finance Asia Limited (ADAM) is quoted on the AIM Market of the London Stock Exchange and is committed to providing shareholders with attractive uncorrelated, risk adjusted long-term returns from a combination of realising sustainable capital growth and delivering dividend income.
The Company is focused on providing growth capital and financing to emerging and established Small and Medium Enterprises (SME) sector throughout Asia, well diversified by national geographies, instruments and asset classes. This vital segment of the economy is underserved by the traditional banking industry for regulatory and structural reasons.
The Company's investment manager, Harmony Capital, seeks to capitalise on its team's established investment expertise and broad networks across Asia. Through rigorous diligence and disciplined risk management, Harmony Capital is dedicated to delivering attractive income and capital growth for shareholders with significant downside protection through selectively investing in assets and proactively managing them.
Harmony Capital is predominately sourcing private opportunities and continues to create a strong pipeline of attractive income generating assets from potential investments in growth sectors across Asia, including healthcare, fintech, hospitality, IT and property.