5 Feb 2020 07:00
5 February 2020
RNS REACH
ADAMAS FINANCE ASIA LIMITED
("ADAM" or the "Company")
Research Note and Interview published by Equity Development
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 the publication of a detailed research note covering important progress at its investment in Future Metal Holdings Limited ("Future Metal"), ADAM's largest investment by value in the portfolio. ADAM holds an 85% controlling shareholding in Future Metal, which owns a large dolomite quarry in China where production has recommenced as planned, with output and sales continuing to be ramped up.
In addition, Equity Development has released an interview with Suresh Withana, Managing Partner at the Company's Investment Manager, Harmony Capital, in which he discusses progress at Future Metal's quarry, other constituents of ADAM's portfolio and the Company's business strategy and growth plans.
The note is available here:
http://adamasfinance.com/assets/research/adamas-finance-asia---20-january-2020.pdf
The Interview is available here, along with previous research notes:
https://www.equitydevelopment.co.uk/company/?company=Adamas+Finance+Asia&c=3cTO
For further information about ADAM, 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) 1825 830587 |
John Croft | |
Pello Capital Limited - Corporate Broker | +44 (0) 20 3700 2500 |
Tim Sohal | |
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.