Arta TechFin Corporation Limited (stock code: 279) announced outcomes stemming from a petition filed by the Securities and Futures Commission on 6 October 2016, involving former directors’ actions related to the acquisition and disposal of a 24.43% stake in Liu’s Holdings Limited in 2011. According to a statement issued by the Commission on 10 February 2026, the Court of First Instance of Hong Kong granted orders requiring two former directors—Andrew Liu and Quincy Hui—to compensate Arta TechFin HK$57.5 million, reflecting the financial loss incurred. Disqualification orders were also made against those individuals and seven other former directors.

The transaction that led to the loss of approximately HK$76.8 million occurred before Arta TechFin’s shares were suspended from trading on 28 February 2020 and well before the board’s complete restructuring on 1 November 2021. All current board members and the current company secretary assumed their positions on or after 29 October 2021 and were not involved in the events under scrutiny.

The compensation order benefited Arta TechFin. In light of the board’s full change and the absence of any adverse orders against the company, these developments are not expected to materially impact its operations or business performance.