April 21, 2017 / 7:16 AM / in 6 months

BRIEF-Pacific Net to establish wholly owned subsidiary

April 21 (Reuters) - Pacific Net Co Ltd

* Says it will establish a wholly owned subsidiary based in Tokyo on June 1

* New subsidiary will be engaged in M&A advisory and intermediary service

* New subsidiary will be capitalized at 20 million yen

Source text in Japanese:goo.gl/4qNNFp

Further company coverage: (Beijing Headline News)

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