Quarterly Net Asset Value

RNS Number : 2993O

Macau Property Opportunities Fund

04 November 2016

 

4 November 2016

Macau Property Opportunities Fund Limited

 ("MPOF" 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 2016 was US$228.3 million.

This is equivalent to US$2.99 (230 pence*) per share and represents an increase of 0.9% from the previous quarter.

*Based on a US$/GBP exchange rate of 1.298 as at 30 September 2016.

-End-

Note:

1. Detailed information on MPOF's portfolio and the Macau market is available in the Company's Q3 2016 Investor Update published on its website at www.mpofund.com. 

2. 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. 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, the only city in China where casinos are legal. Its current portfolio comprises a mix of well-positioned residential and retail property assets.

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

www.mpofund.com  

For further information:

Investor Relations

Sniper Capital Limited

Doris Boo

Tel: [phone]

Public Relations

MHP Communications

Andrew Jaques / Simon Hockridge / Kelsey Traynor

Tel: [phone]

Corporate Broker

Liberum Capital

Richard Bootle / Jonathan Wilkes-Green / Henry Freeman

Tel: [phone]

Company Secretary & Administrator

Heritage International Fund Managers

Mark Huntley

Tel: [phone]

Stock Codes:

Bloomberg:    MPO LN

Reuters:      MPO.L

 

END

 

 

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