Open Offer and Placing Update
(WorldNews Asia)

18 September 2020 ADAMAS FINANCE ASIA LIMITED (`ADAM` or the `Company`) Open Offer and Placing Update The Company announces that further to the announcement on 10th September 2020 there has been a further delay in the receipt of the remaining subscription monies due under the Placing. To date, approximately 60% of the committed subscription monies have been received by the Company, with one placee`s commitment remaining outstanding. The Company is in contact with the placee and understands the delay is logistical only. The Company is therefore expecting to receive these outstanding subscription monies shortly, and in any event by no later than the 30th of September 2020. The Company will not...