Completion and receipt of sale proceeds

RNS Number : 5392W

Macau Property Opportunities Fund

19 August 2022

 

19 August 2022

Macau Property Opportunities Fund Limited

("MPO" or the "Company")

Completion and receipt of sale proceeds

Further to the announcement made on 26 July regarding the sale of four units located in The Waterside Macau for a combined HK$113.4 million (c.US$14.4 million), the Company announces the completion of the two remaining units sold and receipt of the balance of the sale proceeds of HK$42.5 million (c.US$5.4 million).

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.

Stock Code

London Stock Exchange: MPO

LEI

213800NOAO11OWIMLR72 

For further information:

Manager

Sniper Capital Limited

Group Communications

Tel: [phone]

Email:  [e-mail]

Corporate Broker

Liberum Capital

Darren Vickers / Owen Matthews

Tel: [phone]

Company Secretary & Administrator

Ocorian Administration (Guernsey) Limited

Kevin Smith

Tel: [phone]

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