Highlights
| Amount invested to 30 September 2011 |
£2.1m |
| Ownership stake |
37% |
| Investment partner |
SGT Global
www.sgtglobal.com |
| Sector |
Office Infrastructure |
| Location |
Bangalore |
| Progress to date |
Construction halted |
Summary
Sribha Infrastructure's office tower in Bangalore remains on hold pending further funding from a third party. Eredene has no further obligations and has written the stake down from £469,000 to £nil due to the long period without progress and the remote chance of realising value from this investment.