Brief: Traders Holdings unit to set up JV iWAVE.Next

Traders Holdings

31/07/2018 09:16

July 31 (Reuters) - Traders Holdings Co Ltd  8704.T  
    
    * Says its unit Nextop.Asia will set up a JV iWAVE.Next,Inc.
with
IWAVE INC.,in November, in Philippines
    * Says the JV will be engaged in virtual currency
transactions
related financial solutions, technology and services 
    * The JV will be capitalized at 12.5 million Philippine
pesos
    * Says the unit will hold 20 percent stake in the JV

    
    Source text in Japanese:https://goo.gl/xhXbvV
    Further company coverage: 8704.T 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +8601082555111;
Reuters Messaging: Pingping.Li1@thomsonreuters.com@reuters.net))