Arta Techfin Signs Supplemental Agreement to Investment Management Contract with Concord
Reuters
Oct 03, 2025
Arta Techfin Signs Supplemental Agreement to Investment Management Contract with Concord
Arta TechFin Corporation Limited has announced that its wholly-owned subsidiary, Arta Asset Management, entered into a supplemental agreement with Concord on 3 October 2025. The agreement revises certain terms of the existing Investment Management Agreement $(IMA)$ between the two parties. According to the company, the amendments constitute continuing connected transactions under the Hong Kong Listing Rules. As the applicable percentage ratios for the annual cap of the service fees payable by Concord are less than 25% and the total consideration is under HK$10 million, the transaction is subject to reporting, announcement, and annual review requirements, but is exempt from circular and shareholders' approval. The announcement was made by order of the Board, with Xu Hao serving as Chief Executive Officer.
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 October 03, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.