StockMarketWire.com - Adamas Finance Asia said its net asset value per share remained unchanged in the June quarter compared to March.

As at 30 June 2019, the unaudited estimated net asset value per share was US$1.10, or £0.88 per share, unchanged from 31 March 2019.

The company reported a number of developments among the companies in its portfolio.

At Hong Kong Mining Holdings Limited, positive progress had been made in preparation for mining operations to restart, currently expected to take place in second half of the year 2019. The onshore PRC management team had applied to the Shanxi Province Forest Bureau to acquire additional land for mining activities. Approval was for the acquisition was expected to be received in the current quarter assuming there are no regulatory delays, the company said.

At Fook Lam Moon, the Guo Fu Lou, the 1-star Michelin restaurant in Hong Kong, continued to attract domestic and international gourmands and receives regular coverage by local media including the South China Morning Post and Oriental Daily News.

In the first half of the year, DocDoc had a Net Promoter Score of 86 on a scale of 100 and an average customer satisfaction score of 9.1 on a scale of 10 as reported by the company,

Infinity Capital Group, meanwhile, started the internal fitout for its Tellus Niseko project, which was expected to be completed this quarter.


At 9:11am: [LON:ADAM] Adamas Finance Asia Ltd share price was -5p at 35p



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