Shengda Mining to invest 85 mln yuan to set up cultural tourism JV in Beijing

Shengda Mining to invest 85 mln yuan to set up cultural tourism JV in Beijing

2:58am EST 

Feb 28(Reuters) – Shengda Mining Co Ltd :Says it plans to invest 85 million yuan to set up a Beijing-based cultural tourism JV with partner.Says registered capital of the JV is 100 million yuan.Says it will hold 85 percent stake in the JV.