Quarterly Net Asset Value update

RNS Number : 8876E
Macau Property Opportunities Fund
09 November 2015
 



9 November 2015

 

 

Macau Property Opportunities Fund Limited

 ("MPO" or the "Company")

 

Quarterly Net Asset Value update

 

Macau Property Opportunities Fund Limited, managed by Sniper Capital Limited, announces that its Adjusted Net Asset Value for the period ended 30 September 2015 was US$268.9 million.

 

This is equivalent to US$3.52 (233 pence*) per share and represents a decline of 11.4% from the previous quarter.

 

 

*Based on a US$/GBP exchange rate of 1.5131 as at 30 September 2015.

 

 

--Ends--

 

Note:

Detailed information on MPO's portfolio and the Macau market is available in the Fund's Q3 Investor Update published on the Company's website at www.mpofund.com.

 

 

About Macau Property Opportunities Fund

 

Macau Property Opportunities Fund Limited is a closed-end investment company registered in Guernsey. Listed on the London Stock Exchange's main market, 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 and mainland China's western Pearl River Delta. Its current portfolio comprises a mix of well-positioned residential and retail property assets.

 

The Fund is managed by Sniper Capital, an Asia-based property investment manager with an established track record in fund management and investment advisory.

 

 

For further information:

Company Registration Number 44813

Website: www.mpofund.com 

 

Public Relations

MHP Communications

Andrew Jaques / Simon Hockridge / Kelsey Traynor

Tel: +44 20 3128 8100

 

Manager

Sniper Capital Limited

Tel: +65 6222 1440 (Investor Contact)

Tel: +853 2870 5151(Fund Advisor)

 

Email: info@snipercapital.com

www.snipercapital.com

 

Corporate Broker

Liberum Capital

Richard Bootle / Jonathan Wilkes-Green

Tel: +44 20 3100 2228

 

Company Secretary & Administrator

Heritage International Fund Managers

Mark Huntley

Tel: +44 14 8171 6000

 

Stock Codes:

Bloomberg:    MPO LN

Reuters:      MPO.L

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NAVUNSURVNAARAA
UK 100