Arta TechFin launches discounted share placing to raise HK$60 million
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Arta TechFin Corporation Limited has announced a discounted share placing to raise approximately HK$60 million by issuing up to 123 million new shares at HK$0.49 each. This represents about 9.67% of the current issued share capital. The transaction, which does not require additional shareholder approval, aims to strengthen the company's capital base and enhance financial flexibility, although it may moderately dilute existing shareholders. Arta TechFin focuses on technology-enabled financial solutions and operates on the Hong Kong Stock Exchange under stock code 279.
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