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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Jade Road Investments Limited | LSE:JADE | London | Ordinary Share | VGG4S09E1053 | ORD NPV (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.375 | 1.25 | 1.50 | 1.375 | 1.375 | 1.375 | 0.00 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Unit Inv Tr, Closed-end Mgmt | -46.14M | -52.9M | -0.1667 | -0.08 | 4.35M |
From Apr 2019 to Apr 2024
TIDMADAM
RNS Number : 8581I
Adamas Finance Asia Limited
22 June 2017
Adamas Finance Asia Limited
("ADAM")
FURTHER PAYMENT OF PROCEEDS FOR TTS PROJECT DISPOSAL
Further to the announcement on 15 June 2017 in relation to the disposal of its interest in the Tian Tong Shan Villa Project (the "Disposal"), the Directors of ADAM are pleased to announce that the Company's wholly owned subsidiary, Lead Winner Limited ("LWL"), has received a further payment of HK$50,545,526 (approximately US$6.6 million).
Together with previous payments totalling approximately US$8.5 million, LWL has now received approximately US$15.1 million in relation to the Disposal.
Following receipt of the payments, LWL has no remaining interest in S&T Group Holdings Limited or the Tian Tong Shan Villa Project.
The remaining consideration payable for the Disposal is RMB 12 million (approximately US$1.8 million), which is the subject of a zero coupon, two year loan to the purchaser.
Enquiries:
Hot Features
Premium
Adamas Finance Asia Limited
John Croft +44 (0) 1825 830587
WH Ireland Limited - Nominated Adviser
+44 (0) 113 394
6600
Tim Feather +44 (0) 117 945
Ed Allsopp 3444
finnCap Limited - Broker
William Marle +44 (0) 20 7220
Grant Bergman 0500
First City Public Relations
(Hong Kong) +852 2854 2666
Allan Piper +44 (0) 7438 148968
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCSEISWEFWSELM
(END) Dow Jones Newswires
June 22, 2017 03:46 ET (07:46 GMT)
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