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Arta TechFin Announces Proposed Share Consolidation

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Arta TechFin Announces Proposed Share Consolidation

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Arta TechFin Corporation Limited ( (HK:0279) ) has issued an announcement.

Arta TechFin Corporation Limited has announced a proposed share consolidation, where every twenty existing shares will be consolidated into one consolidated share. This move, pending shareholder approval and regulatory compliance, aims to streamline the company’s share structure by reducing the number of shares from over 21 billion to approximately 1.08 billion. The consolidation is expected to enhance the company’s market positioning and facilitate trading by maintaining the board lot size at 6,000 shares.

More about Arta TechFin Corporation Limited

Arta TechFin Corporation Limited is a company incorporated in the Cayman Islands, operating within the financial technology sector. The company is listed on the Hong Kong Stock Exchange under the stock code 279.

Average Trading Volume: 6,456,101

Technical Sentiment Signal: Buy

Current Market Cap: HK$994.6M

Learn more about 0279 stock on TipRanks’ Stock Analysis page.

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