Finsoft Financial Investment Holdings Limited (SEHK:8018) announced a private placement on best efforts basis to issue notes for HKD 30,000,000 on May 24, 2019. The note will carry a fixed interest of 9% per annum. The notes will mature on the first anniversary of the issue date of the notes at the placing price equal to 100% of the principal amount of the notes. The transaction is expected to close by July 23, 2019. The transaction has been approved by the shareholders of the company.