25 January 2019
Macau Property Opportunities Fund Limited
("MPO" or the "Company")
Quarterly Net Asset Value update
Macau Property Opportunities Fund Limited, managed by property investment manager Sniper Capital Limited, announces that the unaudited Adjusted Net Asset Value of the Company was US$188.2 million as at 31 December 2018.
This is equivalent to US$3.04 (239 pence*) per share and represents a decline of 6% from the previous quarter.
* Based on the US Dollar/Sterling exchange rate of 1.274 on 31 December 2018.
1. The above figures are estimates only and are unaudited. No reliance should be placed upon the unaudited Adjusted Net Asset Value per share which should only be taken as an indicative value.
3. The content of this announcement contains inside information.
About Macau Property Opportunities Fund
Macau Property Opportunities Fund Limited is a closed-end investment company registered in Guernsey and is the only quoted property fund dedicated to investing in Macau, the world's largest gaming market and the only city in China where gaming is legalised.
Premium listed on the London Stock Exchange, it is also a constituent stock of the FTSE All-Share and FTSE SmallCap indices.
Launched in 2006, the Company targets strategic property investment and development opportunities in Macau. Its portfolio of property assets was valued at US$320.2 million as at 31 December 2018.
About Sniper Capital Limited
The Company is managed by Sniper Capital Limited, an Asia-based property investment manager with an established track record in fund management and investment advisory.
For further information
Sniper Capital Limited
Tel: +65 6222 1440
Gillian Martin / Louis Davies
Tel: +44 20 3100 2234
Company Secretary & Administrator
Estera International Fund Managers (Guernsey) Limited
Tel: +44 14 8174 2742
London Stock Exchange: MPO
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