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ADAM receives further payment from Global Pharm

27 January 2016 08:08

Adamas Finance Asia has received a further USD375,000 from Global Pharm Holdings Group Inc.

Monthly payments are subject to Global Pharm's working capital requirements. Global Pharm has informed the company's investment manager, Adamas Global Alternative Investment Management Inc. that it intends to resume monthly payments in March.

Overdue payments are subject to the penalties set out in the announcement of 26 October 2015.

At 8:08am: (LON:ADAM) Adamas Finance Asia Limited Ord Npv share price was 0p at 0.64p

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