Jade Road Investments Limited 2021 Investment Outlook (2817N)
29 Enero 2021 - 1:00AM
UK Regulatory
TIDMJADE
RNS Number : 2817N
Jade Road Investments Limited
29 January 2021
JADE ROAD INVESTMENTS LIMITED
(" Jade Road " or the " Company ")
2021 Investment Outlook
Jade Road Investments Limited (AIM: JADE), the London quoted
company focused on providing shareholders with attractive
uncorrelated, risk-adjusted returns from a diversified portfolio of
pan-Asian investments , is pleased to provide an update on its
plans for 2021. Following the recent name change, which more
accurately reflects the Company's Asian heritage, the Company and
its Investment Manager, Harmony Capital, look forward to
implementing several strategic initiatives to grow the business
given the unprecedented opportunities presented in Asia as a result
of the ongoing COVID-19 pandemic.
-- The Company is pleased to note that the macroeconomic
backdrop for its growth plans looks favourable, with Asian
economies expected to lead the world back to growth. Last week,
China reported 2.3% GDP growth for 2020, a stronger-than-expected
number which means it will be the only G20 economy to post GDP
growth for last year, according to the IMF's latest World Economic
Outlook.
-- The Company employs extremely strict assessment methodologies
when screening investments and the onset of COVID-19 in 2020
restricted its Investment Manager's ability to complete new
investments owing to its inability to undertake or complete
effective due diligence. However, as Asia continues to recover from
the COVID-19 pandemic, intraregional travel restrictions are
expected to ease thereby facilitating physical due diligence on
some advanced opportunities, a critical step in the disciplined
investment and risk management approach of Jade Road.
-- The current investment pipeline includes a number of
companies operating in high growth and very topical sectors such as
Healthcare Technologies, Fintech and eCommerce. The scarcity of
Institutional capital to fund growth plans of such companies puts
Jade Road in a strong position to negotiate very attractive terms
for new investments. The Company hopes to complete at least one new
investment in the first half of 2021 and will make an appropriate
announcement at that time.
-- The Company expects to announce its FY2020 Annual Results in May.
Further to the announcement on 19 November 2020, Jade Road's
portfolio company, Future Metal Holdings Limited, the "Quarry",
received approval for the newly constructed onsite environmental
facilities from the local Ministry of Ecology and Environment in
December 2020.
The Quarry is currently fully licenced.
For further information, please visit the Company's website at
https://jaderoadinvestments.com /home and follow the Company on
Twitter (@ JadeRoadInvest ).
FOR FURTHER INFORMATION, PLEASE CONTACT:
Jade Road Investments Limited +44 (0) 778 531 5588
John Croft
---------------------
WH Ireland Limited - Nominated Adviser +44 (0) 20 7220 1666
---------------------
James Joyce
---------------------
James Sinclair-Ford
---------------------
Hybridan LLP - Corporate Broker +44 (0) 20 3764 2341
---------------------
Claire Louise Noyce
---------------------
About Jade Road
Jade Road (JADE) is quoted on the AIM Market of the London Stock
Exchange and is committed to providing shareholders with attractive
uncorrelated, risk-adjusted long-term returns from a combination of
realising sustainable capital growth and delivering dividend
income.
The Company is focused on providing growth capital and financing
to emerging and established Small and Medium Enterprises (SME)
sector throughout Asia, well diversified by national geographies,
instruments and asset classes. This vital segment of the economy is
underserved by the traditional banking industry for regulatory and
structural reasons.
The Company's investment manager, Harmony Capital, seeks to
capitalise on its team's established investment expertise and broad
networks across Asia. Through rigorous diligence and disciplined
risk management, Harmony Capital is dedicated to delivering
attractive income and capital growth for shareholders with
significant downside protection through selectively investing in
assets and proactively managing them.
Harmony Capital is predominately sourcing private opportunities
and continues to create a strong pipeline of attractive
income-generating assets from potential investments in growth
sectors across Asia, including healthcare, fintech, hospitality,
IT, and property.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCSESFAAEFSEFF
(END) Dow Jones Newswires
January 29, 2021 02:00 ET (07:00 GMT)
Jade Road Investments (LSE:JADE)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Jade Road Investments (LSE:JADE)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024