(ShareCast News) - Asia-focused investment company Alpha Returns announced on Monday that its 70%-owned joint venture Riche Bright Group has repurchased its own shares from its 30% minority shareholders for cash at attributable net asset value, turning Riche Bright into a wholly-owned subsidiary ava
Read moreLONDON (Alliance News) - Alpha Returns Group PLC said Thursday that it expects to post a slightly narrowed pretax loss for 2013, benefiting from a 50% reduction in administrative costs. The investing company expects to post a pretax loss of GBP330,000, narrowed slightly from a loss of GBP36
Read moreLONDON (Alliance News) - Alpha Returns Group PLC Monday said its Shidu International Ltd unit has signed a deal to buy 30% of Oriental Ventures, a special purpose vehicle formed to acquire China-based start-up coffee chain Shenzhen MaxLife Catering Management Ltd, for USD1.5 million in cash and s
Read moreLONDON (Alliance News) - Alpha Returns Group PLC said Monday that it had raised GBP725,000 through the issue of 55.77 million shares at a price of 1.3 pence each. Alpha said the funds raised will strengthen its financial position and give it flexibility to pursue potential investment opport
Read moreLONDON (Alliance News) - Alpha Returns Group PLC said Monday that it had raised GBP725,000 through the issue of 55.77 million shares at a price of 1.3 pence each. Alpha said the funds raised will strengthen its financial position and give it flexibility to pursue potential investment opport
Read moreLONDON (Alliance News) - Alpha Returns Group PLC Friday said it has bought a further 15% stake in unquoted Singaporean IT services company Telistar Solutions Pte. Ltd for 330,000 Singapore dollars, or GBP227,000, worth of shares. In a statement, the investment trust said it had issued nearl
Read moreAlpha Returns, the AIM-listed investment company formerly known as Shidu Capital, saw its share price jump on Tuesday after making its first investment under its new strategy. The firm, which changed its policy this summer to step away from natural resources and instead focus on the geographical re
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