OceanTech Announces Successful Administration of over US$25 Million Fund Subscription for Global A Plus Fund

Mar 26
2 min read

Updated: Mar 30

Hong Kong

February 21, 2025

OceanTech Financial Services Limited ("OceanTech" or the "Company"), a professional fund administration service provider, is pleased to announce today that, acting in its capacity as Administrator, it has successfully facilitated the administration of a significant fund share subscription for Global A Plus Investment SPC Limited - Alpha Segregated Portfolio (the "Fund")

According to the latest announcements, CISI Capital, a subsidiary of China Industrial Securities International Financial Group Limited (Stock Code: 6058.HK), successfully completed two tranches of fund share subscriptions on 14 January 2025 and 20 February 2025, respectively. The aggregate amount of these subscriptions reached approximately US$25.76 million (equivalent to approximately HK$202 million).

In this significant subscription exercise, OceanTech was responsible for coordinating the Fund's administration. Leveraging the Company's profound industry expertise and stringent management standards, the team ensured that the subscription procedures and share allocations were executed with precision, high efficiency, and full regulatory compliance.

The Fund is managed by Water Up Asset Management Ltd as the Investment Manager, whose investment strategy encompasses a diverse range of global capital market instruments with a commitment to achieving long-term capital appreciation. Throughout the execution of this project, OceanTech consistently provided the Fund with stable, highly transparent, and fully compliant professional support.

Steadfast in its corporate motto to be "Your Trusted Partner in Financial Service," OceanTech remains dedicated to providing comprehensive financial services to clients globally. The Company's core businesses extensively cover Fund Setup (including Hong Kong OFC / LPF and Cayman/BVI SPC), Fund Administration (encompassing transfer agency, fund accounting, and asset valuation), Offshore Company Structuring (offering tax benefits, privacy protection, and high flexibility), Trust services (focusing on wealth protection, succession, and tax planning), Bank Account Opening, as well as Corporate Services and CRS/Tax consulting. Looking ahead, the Company will continue to leverage its top-tier professional standards to empower enterprises and investors in capturing the immense opportunities within the global capital markets.

For media enquiries, please contact:

OceanTech Financial Services Limited

Address: Room 702, 7/F, Yue Tai Commercial Building, 128 Connaught Road Central, Sheung Wan, Hong Kong

Tel: (852) 4706 3891

Email: info@oceantechcs.com