Dec 22 (Reuters) - Palma Co Ltd 3461.T :
* Says it will establish a new 56 percent owned subsidiary,
which will be engaged in the operation, management and property
management of personal storage in Tokyo, Japan
* Says the new subsidiary will be capitalized at 30 million
yen in all
* Says effective date will be Jan. 2017
Source text in Japanese: http://rrd.me/aNnsW
Further company coverage: 3461.T
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