Hony Fully Exits Chinasoft International In $170M Share Sale

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Beijing-based Chinese private equity firm Hony Capital has achieved a profitable full exit from Hong Kong-listed Chinese IT application developer, Chinasoft International Limited, according to a securities filing.

Hony Capital sold 335 million shares at HK$3.93 per share, a 10.07% discount to the closing price of HK$4.37 on April 22, for total proceeds of HK$1.32 billion (US$170 million).

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