Arta Techfin Corporation Limited, listed on the Hong Kong Stock Exchange under stock code 279, has announced a proposed share consolidation. The consolidation involves converting every twenty existing shares into one consolidated share. This move aims to address the extremities of market prices, as outlined in Rule 13.64 of the Listing Rules, ensuring the expected board lot value exceeds HK$2,000. The company has no immediate plans for further corporate actions or equity fundraising but continues to seek strategic investors.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arta Techfin Corporation Limited published the original content used to generate this news brief on July 02, 2025, and is solely responsible for the information contained therein.