Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Arta TechFin Corporation Limited ( (HK:0279) ) has issued an update.
Arta TechFin Corporation Limited announced a supplemental agreement with Concord to amend the terms of their Investment Management Agreement (IMA). The revised terms include a management fee set at 1%, accrued monthly, and payable within 15 days after the end of each calendar month. This adjustment aims to ensure sustainable and fair investment management services amid current market conditions, aligning with the company’s strategic objectives to maintain stability in its asset management business. The directors believe these terms are fair, reasonable, and in the best interests of the company and its shareholders.
The most recent analyst rating on (HK:0279) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Arta TechFin Corporation Limited stock, see the HK:0279 Stock Forecast page.
More about Arta TechFin Corporation Limited
Arta TechFin Corporation Limited is an investment holding company operating in the financial services sector. It provides a comprehensive range of SFO regulated services, including securities and futures brokerage, placing, underwriting, corporate advisory, margin financing, asset management, investment advisory, and insurance brokerage services.
Average Trading Volume: 1,481,629
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.11B
For an in-depth examination of 0279 stock, go to TipRanks’ Overview page.