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Alpha Returns Group plc (ARGP)

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Tuesday 19 November, 2013

Alpha Returns Group plc

Alpha Returns Group plc : Portfolio acquisition

Alpha Returns Group plc : Portfolio acquisition

Alpha Returns Group PLC
("Alpha Returns" or the "Company")
19 November 2013

Portfolio acquisition

The Board of Alpha Returns, the AIM traded investing company focusing on investments in high-growth Asian economies, is pleased to announce that it has, via its wholly owned subsidiary Shidu international Ltd, contracted to acquire for settlement on 20 November a portfolio of five investment holdings quoted on the Hong Kong stock exchange for a total cost of HK$618,000 (£49,400) with individual investments ranging between approximately HK$118,000 and HK$128,000.

The investee companies are Agile Property, China Mobile, Evergrande, Greatwall Motor and Tencent Holdings which are all profitable and variously involved in telecommunications, property development and the manufacture and sale of pick-up tracks and sports utility vehicles predominantly in the People's Republic of China and Hong Kong SAR.

Commenting on the investments, Christopher Neo, executive director, said: "We believe our investment in these Hong Kong quoted stocks diversifies our portfolio risk and gives us further exposure to companies operating in high-growth Asian economies in line with our investing policy".


For further information:

Alpha Returns Group plc
Christopher Neo, Executive Director        020 3286 6388

ZAI Corporate Finance Limited (Nomad)        020 7060 2220
Peter Trevelyan Clark / Ivy Wang

Peterhouse Corporate Finance (Broker)        020 7469 0935
Jon Levinson

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Alpha Returns Group plc via Thomson Reuters ONE


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