ARTA TECHFIN is offering a discounted placement of 18.82% to raise HKD 132 million

AASTOCKS
2025.08.31 13:43

ARTA TECHFIN (00279.HK) announced the placement of up to 191 million new shares, equivalent to a 15.04% increase in the enlarged share capital; the placement price is HKD 0.69, representing an 18.82% discount to the closing price on the last trading day (29th). The total fundraising amount is HKD 132 million, with a net amount of HKD 131 million intended for repaying shareholder loans; business development and expansion; strategic acquisitions; and general working capital