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Arta TechFin Announces Disposal of Wholly-Owned Subsidiary

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Arta TechFin Announces Disposal of Wholly-Owned Subsidiary

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Arta TechFin Corporation Limited ( (HK:0279) ) has shared an update.

Arta TechFin Corporation Limited has announced a proposed disposal of its wholly-owned subsidiary, which is licensed to carry out regulated activities in securities and asset management. The transaction is considered a discloseable and connected transaction under the Hong Kong Listing Rules, involving a sale to a company wholly-owned by Mr. Lau, a director of the subsidiary. The Board has approved the transaction, confirming it to be on normal commercial terms and in the interests of the company and its shareholders.

More about Arta TechFin Corporation Limited

Arta TechFin Corporation Limited is a company incorporated in the Cayman Islands, operating in the financial services industry. It focuses on securities dealing, advising on securities, and asset management.

Average Trading Volume: 8,394,753

Technical Sentiment Signal: Buy

Current Market Cap: HK$908.1M

For a thorough assessment of 0279 stock, go to TipRanks’ Stock Analysis page.

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