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Arta TechFin Corporation Limited ( (HK:0279) ) has shared an update.
Arta TechFin Corporation Limited, listed on the Hong Kong Stock Exchange, has successfully completed the placement of 191,430,000 new shares under a general mandate. The placement, executed at HK$0.690 per share, raised approximately HK$132.1 million in gross proceeds, with net proceeds of HK$130.7 million. These funds are earmarked for repaying shareholder loans, business expansion, strategic acquisitions, and general corporate purposes. The placement resulted in a change in the company’s shareholding structure, with the new shares representing 15.04% of the enlarged share capital.
More about Arta TechFin Corporation Limited
Average Trading Volume: 741,582
Technical Sentiment Signal: Buy
Current Market Cap: HK$886.5M
See more data about 0279 stock on TipRanks’ Stock Analysis page.