1 August 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$174.9 million as at 30 June 2019.
This is equivalent to US$2.83 (223 pence*) per share and represents a decline of 3.95% from the previous quarter and a decline of 17.0% from 30 June 2018.
* Based on the US Dollar/Sterling exchange rate of 1.270 on 30 June 2019.
1. The above figures are estimates only and are unaudited. The Company's audited Adjusted Net Asset Value as at 30 June 2019, which may be materially different from the above estimates, will be announced in conjunction with the release of the Company's audited annual results for the year ended 30 June 2019, which are expected to be released on 3 October 2019. No reliance should be placed upon the estimated 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
Premium listed on the London Stock Exchange, 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.
Launched in 2006, the Company targets strategic property investment and development opportunities in Macau. Its current portfolio comprises prime residential property assets.
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.
London Stock Exchange: MPO
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 plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.|
|©London Stock Exchange plc. All rights reserved|