Macau Property Share News (MPO)

Macau Property Opportunities Fund Profits Buoyed By Growing Luxury Housing Market

TUI directors make the most of rising share price

Directors at FTSE 250 package tour operator TUI Travel have made the most of the recent rise in the company's share price to sell off shares in the group. Peter Long, TUI's Chief Executive Officer, sold 748,729 shares, Johan Lundgren, Deputy Chief Executive, sold 350,000 shares, and William Waggot

Bellzone Mining founder sells shares to other stake holder

The founder of Bellzone Mining, which develops two Iron ore and nickel/copper assets in Guinea, West Africa, has sold 50m shares in the company. Nikolajs Zuks, who has been the company's Managing Director since August 2009, disposed of the shares at 17p each for a total of £8.5m. As a result, Zuk

Macau Property sees fall in NAV

Macau Property Opportunities Fund said currency fluctuations resulted in its Net Asset Value (NAV) falling over the last quarter. The firm said in the three months to the end of September, NAV per share was $3.07, representing a rise of 2%. However, in Sterling terms this was 190p, a fall of 0.79%

Regenersis CFO buys stake as firm unveils strong results

Jog Dhody, the Chief Financial Officer of Regenersis, a consumer electronics repair specialist, bought a stake in the firm on Tuesday, opening his account on the same day it posted a 24 per cent rise in operating profits. Dhogy, who joined the board in March of this year, purchased 155,987 shares

Kingfisher CEO ditches exercised options

Kingfisher's Chief Executive Officer, Ian Cheshire, has exercised options over 164,144 shares and subsequently sold 143,040 of them less than a fortnight after the B&Q owner admitted that miserable weather in the UK and northern Europe had a serious impact on footfall in the first half of its financ

Small caps round-up: Forbidden Tech, MediLink-Global UK, Conexion Media...

Forbidden Technologies' pre-tax loss for the first half ended 30 June widened to £57,758, from £25,697 for the prior-year period. Additionally, loss per share more than doubled, from 0.03p last year to 0.07p for this half year. Operating costs were up 37% to £214,730 on last year's results due to h

Macau Property Opportunities Sees Positive Momentum In 2H

LONDON (Dow Jones)--Macau Property Opportunities Fund (MPO.LN), an investor in commercial property and property-related ventures primarily in Macau and in the Western Pearl River Delta region, said Friday that the positive momentum in the first half of 2010 is expected to continue into the second ha

Macau Property Opportunities Fund Enters HK$105M Credit Facility

LONDON (Dow Jones)--Macau Property Opportunities Fund (MPO.LN) said Thursday it has entered into a credit facility arrangement for up to HK$105 million ($13.5 million) with Banco Weng Hang S.A., one of Macau's leading local banks. MAIN FACTS: -The credit facility will be used to finance the