BRIEF-Chinasoft International says it entered into subscription agreement with Dan Capital Management

April 19 (Reuters) - Chinasoft International Ltd

* Company entered into subscription agreement with

subscriber

* Subscriber has conditionally agreed to subscribe for,

convertible notes in an aggregate principal amount of hk$900

million

* Net proceeds from subscription, are estimated to be

approximately hk$899.3 million

* Subscriber is dan capital management ltd.

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