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Arta TechFin Corporation Limited ( (HK:0279) ) just unveiled an announcement.
Arta TechFin Corporation Limited has announced a share placement agreement with Waton Securities International Limited, aiming to place up to 191,431,798 new shares at a price of HK$0.690 per share. This placement, representing approximately 17.71% of the company’s current issued share capital, is expected to raise gross proceeds of around HK$132.1 million. The move is part of the company’s strategy to enhance its capital base, although the completion of the placement is contingent upon certain conditions being met.
More about Arta TechFin Corporation Limited
Arta TechFin Corporation Limited is a company incorporated in the Cayman Islands, operating in the financial sector. The company focuses on financial services and securities, engaging in activities such as share placements.
Average Trading Volume: 557,181
Technical Sentiment Signal: Buy
Current Market Cap: HK$897.3M
See more data about 0279 stock on TipRanks’ Stock Analysis page.