Adamas Finance Asia Limited Appointment of Director (3083S)
October 02 2017 - 2:00AM
UK Regulatory
TIDMADAM
RNS Number : 3083S
Adamas Finance Asia Limited
02 October 2017
2 October 2017
Adamas Finance Asia Limited
(AIM: ADAM)
("Adamas Finance Asia", "ADAM", the "Company" or the
"Group")
APPOINTMENT OF DIRECTOR
The Directors of Adamas Finance Asia Ltd ("ADAM"), a London
quoted Asian diversified investment vehicle, are pleased to
announce the appointment of Dr. Lee George Lam as a Non-Executive
Director with effect from 2 October 2017.
Dr. Lee George Lam is the Chairman of Hong Kong Cyberport
Management Company Limited and the Non-Executive Chairman of
Macquarie Bank's Infrastructure and Real Assets business in the
Hong Kong and ASEAN region. He is also a member of the Hong Kong
Special Administrative Region Government's Committee on Innovation,
Technology and Re-Industrialization, the Hong Kong Council on
Smoking and Health, the Council on Professional Conduct in
Education (CPC), and the Court of the City University of Hong Kong.
Currently, Dr. Lam serves as the Vice Chairman of the United
Nations Economic and Social Commission for Asia and the Pacific
(UNESCAP) Business Advisory Council and Chairman of its Task Force
on Banking and Finance. Furthermore, he is the Chairman of the
Permanent Commission on Economic and Financial Issues for the World
Union of Small and Medium Enterprises (WUSME).
Dr. Lam also maintains a keen interest in developing business
links across the Asia-Pacific region. To this end, he is a Board
member of the Chinese General Chamber of Commerce of Hong Kong, a
Board member of the Australian Chamber of Commerce in Hong Kong and
Macau, a founding Board member and the Honorary Treasurer of the
Hong Kong-Vietnam Chamber of Commerce, Vice Chairman of the Hong
Kong-Myanmar Chamber of Commerce, a founding member of the Hong
Kong-Korea Business Council, and finally, a member of the Hong
Kong-Thailand Business Council.
Dr. Lam is a Solicitor of the High Court of Hong Kong, a Fellow
of the Hong Kong Institute of Arbitrators and the Hong Kong
Institute of Directors, an Honorary Fellow of CPA Australia and a
Fellow of CMA Australia.
John Croft, Chairman of ADAM, commented: "I have no doubt that
Dr Lam will contribute hugely to the development of ADAM as his
considerable experience will be of undoubted value to the Board.
His contacts and experience in Asia are extensive and ADAM looks
forward to working with Dr Lam as we pursue our new strategy to
generate long-term income and capital growth for shareholders. We
are delighted to have secured the appointment of Dr Lam."
Enquiries:
Adamas Finance Asia Limited
John Croft +44 (0) 1825 830587
Nominated Adviser
WH Ireland Limited
Tim Feather
Ed Allsopp
James Sinclair-Ford +44 (0) 113 394 6600
Broker
finnCap Limited +44 (0) 20 7220 0500
William Marle
Grant Bergman
Public Relations Advisers
Buchanan
Charles Ryland
Victoria Hayns
Henry Wilson +44 (0) 20 7466 5000
About Adamas Finance Asia ("ADAM")
ADAM is a London quoted investment company focusing on
delivering long-term income and capital growth to shareholders
through a diverse portfolio of pan-Asian investments.
ADAM aims to provide uncorrelated returns through a combination
of capital growth and dividend income from a broad spectrum of
national geographies and asset classes.
The Company's recently appointed investment manager Harmony
Capital, which has a dedicated team with real Asian expertise, will
focus on the strategy of creating income and capital growth as well
as addressing the issues of the ongoing legacy portfolio. Harmony
is sourcing predominantly private opportunities and a strong
pipeline already exists. Income generating assets include
investments in property, mining, pharmaceuticals, and telecoms
across Asia.
APPENDIX
Dr. Lee George Lam, aged 58, is, or has been within the last
five years, a director or partner of the following companies and
partnerships:
Current directorships Past directorships held
within the last five
years
Asia Pacific Strategic China Communication
Investments Ltd Telecom Services Company
Limited
AustChina Holdings Limited China Oceanwide Holdings
(fomer name: Coalbank Ltd) Ltd. (former name: Hutchinson
Harbour Ring Limited)
China LNG Group Ltd DTSX Silk Road Investment
Holdings ltd (former
name: UDL Holdings Limited)
Chiu Yang Resident's Association Far East Holdings International
of Hong Kong Limited Limited
CSI Properties Limited Green ICT Consortium
Limited
Elife Holdings Limited Guardian Fund Limited
(former Name: Sino Resources
Group Limited)
Glorious Sun Enterprises Heng Fai Enterprises
Limited Limited
Haitong Securities Co Ltd Hong Kong Hillston Investment
Limited
Hong Kong Casin Holdings Imagi International
Limited Holdings Limited
Hong Kong Cyberport Management Lee G. Lam Associates
Company Inc.
Hong Kong Strategy Limited Mingyuan Medicare Development
Company Limited
Hong Kong SWATOW Merchants Next-Generation Satellite
Association (STCC) Communications Limited
Hong Kong-ASEAN Economic Pacific Star Capital
Cooperation Foundation Investment Limited
Limited
Hong Kong-Vietnam Chamber Pacific Star Group Limited
of Commerce Limited
Huarong Investment Stock Pacific Star Management
Corporation Limited Services Limited
ITF Corporation Ruifeng Petroleum Chemical
Holdings Limited
Mei Ah Entertainment Group Sino-Australian International
Ltd Trust Company Limited
Monte Jade Science & Technology TMC Life Sciences Berhad
Association of Hong Kong
Limited
Murray, Lam & Kan Capital Wai Chun Mining Industry
Limited Group Co. Ltd.
National Arts Entertainment
and Culture Group Limited
Orange Grove Enterprises
PTE. Ltd.
Pacific Basin Economic
Council ltd.
Roma Group Limited
Rowsley Ltd
Sunwah International Ltd
Sunwah Kingsway Capital
Holdings Ltd
TechMatrix Research Centre
Limited
The Australian Chamber
of Commerce in Hong Kong
and Macau
The Chinese General Chamber
of Commerce (CGCC)
The Hong Kong Real Property
Federation
The Overseas Teo Chew Entrepreneurs
Association Limited
The University of Hong
Kong School of Professional
and Continuing Education
Alumni Limited
Thomson Medical Centre
Limited
Top Global Ltd
Vietnam Equity Holding
Vongroup Limited
Xi'an Haitian Antenna Holdings
Company Limited
Zhuhai Da Heng Qin Company
Limited
Dr. Lam has confirmed that there is no further information to be
disclosed in accordance with Schedule 2(g) fo the AIM Rules for
Companies.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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