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Update re Investment

2 Feb 2011 07:00

RNS Number : 5090A

Alpha Tiger Property Trust Limited

02 February 2011

2 February 2011

ALPHA TIGER PROPERTY TRUST LIMITED ("ALPHA TIGER")

ALPHA TIGER ANNOUNCES RECOMMENCEMENT OF ARBITRATION PROCEEDINGS TO PROTECT ITS GALAXIA INVESTMENT

As previously announced, Alpha Tiger and its development partner Logix Group had entered into a settlement agreement to jointly explore a sale of their interests in the Galaxia project, an 11.2 acre special economic zone located in NOIDA, India.

The Board wishes to advise that following breaches by Logix Group, Alpha Tiger has recommenced arbitration proceedings in order to protect its Galaxia investment.

Notwithstanding the above, the company is continuing to actively explore avenues for a sale of the development.

Further updates will be provided in due course.

For further information please contact:

Alpha Tiger Property Trust Limited

David Jeffreys, Chairman, Alpha Tiger +44 (0) 1481 735540

Brad Bauman, Joint Fund Manager, Alpha Tiger +44 (0) 20 7268 0300

Panmure Gordon, Nominated Adviser to the Company

Richard Gray / Andrew Potts +44 (0) 20 7459 3600

Notes to editors:

About Alpha Tiger Property Trust

Further information is available at www.alphatigerpropertytrust.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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Date		Source	Headline
26th Mar 2010	7:00 am	RNS	Alpha Tiger Property Trust Limited Trading Update
22nd Feb 2010	1:32 pm	RNS	Alpha Tiger Announces Sale of Technika Investment
8th Feb 2010	12:13 pm	RNS	Arbitration Proceedings re Technova and Galaxia
4th Feb 2010	4:13 pm	RNS	Notification of Major Interests in Shares
15th Jan 2010	4:33 pm	RNS	Director/PDMR Shareholding
15th Jan 2010	4:30 pm	RNS	Director/PDMR Shareholding
15th Jan 2010	4:30 pm	RNS	Director/PDMR Shareholding
15th Jan 2010	4:28 pm	RNS	Director/PDMR Shareholding
12th Jan 2010	1:34 pm	RNS	Result of Tender Offer
16th Dec 2009	7:00 am	RNS	Tender Offer
16th Dec 2009	7:00 am	RNS	Extension of MoU to explore sale of Technika
9th Dec 2009	4:52 pm	RNS	Interim Statements posted to Shareholders
9th Dec 2009	7:00 am	RNS	Update on Co-Investment in Galaxia
27th Nov 2009	7:00 am	RNS	Alpha Tiger Announces Interim Results
7th Oct 2009	5:03 pm	RNS	Director/PDMR Shareholding
7th Oct 2009	5:03 pm	RNS	Director/PDMR Shareholding
7th Oct 2009	5:01 pm	RNS	Director/PDMR Shareholding
7th Oct 2009	5:01 pm	RNS	Director/PDMR Shareholding
7th Oct 2009	4:57 pm	RNS	Director/PDMR Shareholding
7th Oct 2009	4:56 pm	RNS	Director/PDMR Shareholding
30th Sep 2009	2:36 pm	RNS	Director/PDMR Shareholding
30th Sep 2009	2:34 pm	RNS	Director/PDMR Shareholding
28th Sep 2009	4:55 pm	RNS	EGM Result
24th Sep 2009	7:00 am	RNS	Trading Update
11th Sep 2009	7:00 am	RNS	Circ re. Change of Investing Policy
1st Sep 2009	7:00 am	RNS	ALPHA TIGER AGREES TECHNIKA MOU EXTENSION
13th Jul 2009	7:00 am	RNS	Revised terms for Galaxia Co-Investment
24th Jun 2009	9:00 am	RNS	Change in Director Details / Posting Annual Report
18th Jun 2009	8:19 am	RNS	Alpha Tiger agrees release from Framework Agreemnt
5th Jun 2009	7:00 am	RNS	Investment Manager
20th May 2009	7:00 am	RNS	First Quarter Trading Update
13th May 2009	4:14 pm	RNS	AGM Result-Amendment
13th May 2009	4:02 pm	RNS	AGM Result
5th May 2009	7:00 am	RNS	Director Notification
1st May 2009	4:55 pm	RNS	Notification of Major Interest in Shares
1st May 2009	2:57 pm	RNS	Notification of Major Interest in Shares
17th Apr 2009	9:27 am	RNS	New Accounting Ref Date
31st Mar 2009	3:43 pm	RNS	Notification Of Major Interest In Shares
27th Mar 2009	7:00 am	RNS	Annual Report and Accounts
10th Mar 2009	7:00 am	RNS	Update on Technika
27th Feb 2009	10:43 am	RNS	Notification of major Interest in Shares
24th Feb 2009	9:56 am	RNS	Replacement - Notification of Major Interests
24th Feb 2009	9:48 am	RNS	Notification of Major Interests in Shares
17th Feb 2009	5:07 pm	RNS	Replacement - Notification of Major Interests...
11th Feb 2009	3:01 pm	RNS	Notification of Major Interests in Shares
22nd Dec 2008	1:01 pm	RNS	Notification of Major Interests
22nd Dec 2008	12:43 pm	RNS	Notification of Major Interests in Shares
4th Dec 2008	2:17 pm	RNS	Notification of Major Interests in Shares
20th Nov 2008	10:31 am	RNS	Director/PDMR Shareholding
5th Nov 2008	3:25 pm	RNS	Major Interests in Shares

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