Eredene Capital: one to follow in 2010?
Eredene Capital (AIM: ERE), the AIM quoted investor in Indian infrastructure developments, could be one to follow in 2010.
The group focuses primarily on ports, port services, logistics and distribution warehouses and has made nine investments in India - seven in port services, logistics and distribution warehouses, one in IT offices and one in a large scale, low-cost housing development. Three of the group’s investments are revenue generating and a fourth is taking sales deposits.
The investment advisory team in Mumbai is led by Mr Nikhil Naik who was previously Regional Director of P&O…
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