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Pin to quick picksMacau Property Regulatory News (MPO)

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Macau Property Opportunities is an Investment Trust

To deliver cost-effective and timely divestments of remaining properties, and to deliver further returns of capital to shareholders.

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Directorate Change

9 Nov 2012 07:00

RNS Number : 7010Q
Macau Property Opportunities Fund
09 November 2012
 



9 November 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. Timothy Henderson retired from the Board of Directors (the "Board") at the Annual General Meeting held on 8 November 2012, with effect from that date. Mr. Henderson 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. Henderson 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.

 

- Ends -

 

About Macau Property Opportunities Fund

 

Macau Property Opportunities Fund Limited is a closed-end investment fund registered in Guernsey and listed on the London Stock Exchange Main Market.

 

Launched in 2006, the Company seeks to deliver long-term returns from the investment in and development of high quality properties located in Macau and the western region of China's Pearl River Delta. Its current US$375 million portfolio comprises a mix of strategically-positioned residential, retail and warehousing property assets.

 

The Fund is managed by Sniper Capital, an Asian-based property investment manager that provides highly focused Fund Management and Advisory Services.

 

 

For further information:

Website: www.mpofund.com

 

Public Relations

MHP Communications

Simon Hockridge / Andrew Jaques

Tel: +44 (0) 20 3128 8100

 

Manager (Investor Contact)

Sniper Capital

Tel: +65 6222 1440

Email: info@snipercapital.com

www.snipercapital.com

 

Corporate Broker

Liberum Capital

Chris Bowman / Richard Bootle

Tel: +44 (0) 20 3100 2228

 

Company Secretary & Administrator

Heritage International Fund Managers

Mark Huntley

Tel: +44 (0) 1481 716000

 

Stock Codes:

Bloomberg: MPO LN

Reuters: MPO.L

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