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Regulatory Story
Company Macau Property Opportunities Fund
TIDM MPO
Headline Quarterly Net Asset Value update
Released 07:00 25-Jan-2019
Number 0583O07

RNS Number : 0583O
Macau Property Opportunities Fund
25 January 2019
 

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.

 

 

 

Note:

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.

 

2. Detailed information on the Company's portfolio and Macau market can be found in the Q4 Investor Update published on the Company's website at www.mpofund.com.

 

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.

 

www.mpofund.com  

 

 

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

 

Investor Relations

Sniper Capital Limited

Tel: +65 6222 1440

info@snipercapital.com

www.snipercapital.com

 

 

Corporate Broker

Liberum Capital

Gillian Martin / Louis Davies

Tel: +44 20 3100 2234

 

Company Secretary & Administrator

Estera International Fund Managers (Guernsey) Limited

Kevin Smith

Tel: +44 14 8174 2742

 

Stock Code

London Stock Exchange: MPO

 

LEI

213800NOAO11OWIMLR72

 


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