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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 May 2019 to May 2024
TIDMADAM
RNS Number : 8092X
Adamas Finance Asia Limited
24 February 2017
Adamas Finance Asia Limited
("ADAM" or the "Company")
UPDATE ON TTS PROJECT DISPOSAL
Further to the announcement on 8 February 2017 in relation to the proposed disposal of its interest in the Tian Tong Shan Villa Project, ADAM announces that the Company's subsidiary, Lead Winner Limited, has received a payment of US$700,000 in part settlement of the RMB 50 million (approximately US$7.2 million) due from the exercise of the Put Option (as defined in the announcement on 4 January 2017). The remainder of the amount owed under the Put Option is expected to be paid when the due diligence process being undertaken by the purchaser, R&F Properties Co. Limited, is finalised and payment conditions are met in accordance with the sale and purchase agreement.
A further announcement will be made in due course.
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
MSCEAFALALFXEFF
(END) Dow Jones Newswires
February 24, 2017 06:45 ET (11:45 GMT)
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