Directorate Change

RNS Number : 7010V

Macau Property Opportunities Fund

17 January 2012

 



17 January 2012

Macau Property Opportunities Fund Limited

("MPO" or the "Company")

Director Resignation

Macau Property Opportunities Fund Limited, managed by Sniper Capital Limited, announces that Mr. Richard Barnes has resigned from the Board of Directors (the "Board"), taking effect from 16 January 2012. Mr. Barnes has been an independent Non-Executive Director of MPO since its incorporation on 18 May 2006.

The Chairman and other board members would like to thank Mr. Barnes for his invaluable contribution to the Board during his tenure, particularly  his input at the Fund's launch in 2006, its migration to the Main Market in 2010 and at the return of capital in 2011.

About Macau Property Opportunities Fund

Macau Property Opportunities Fund Limited is a closed-end investment fund registered in Guernsey. Its shares began trading on AIM in June 2006, when it raised £105 million in an institutional placing, before moving to the Main Market of the London Stock Exchange in June 2010. The Company's investment policy is to provide shareholders with an attractive total return through investing in property opportunities in one of the world's fastest growing and most dynamic regions - Macau and the Western Pearl River Delta of Southern China.

The Fund is managed by Sniper Capital Limited, an independent investment manager that specialises in property investment, development and redevelopment opportunities in niche, undervalued and developing markets.

www.mpofund.com

For further information:

Public Relations

MHP Communications

Simon Hockridge / Andrew Jaques 

Tel: [phone]

Manager (Investor Contact)

Sniper Capital

Faye Chiam / Jane Xie

Tel: [phone]

Email: [e-mail]

www.snipercapital.com

Corporate Broker

Collins Stewart Europe Limited

David Yovichic / Dominic Waters

Tel: [phone]

Company Secretary & Administrator

Heritage International Fund Managers Limited

Mark Huntley / Laurence McNairn

Tel: [phone]

Stock Codes: 

Bloomberg:  MPO LN

Reuters:    MPO.L

 

END

 

 

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