Interview With Suresh Withana
On the 11th May 2020, Adamas Finance Asia announced they had successfully raised gross proceeds of approximately US$1.72 million through a new subscription to ADAM’s US Dollar-denominated corporate bond from High Net Worth Individuals and Family Offices in the Middle East (the “Corporate Bond”). This represents the second close of its corporate bond issuance programme of up to a combined total US$10 million, through which the Company has raised a combined total of approximately US$3.6 million to date.
John Croft, Chairman of Adamas Finance Asia Limited, commented:
“We are pleased to announce this fresh capital injection. The impact of the COVID-19 pandemic continues to bring global uncertainty, but the Company is seeing an increasingly attractive and growing pipeline of investment opportunities across Asia.
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The author was remunerated but holds not shares in the company