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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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Quarterly Net Asset Value update

25 Jan 2019 07:00

RNS Number : 0583O
Macau Property Opportunities Fund
25 January 2019
 

25 January 2019

 

 

Macau Property Opportunities Fund Limited

 ("MPO" or the "Company")

 

Quarterly Net Asset Value update

 

Macau Property Opportunities Fund Limited, managed by property investment manager Sniper Capital Limited, announces that the unaudited Adjusted Net Asset Value of the Company was US$188.2 million as at 31 December 2018.

 

This is equivalent to US$3.04 (239 pence*) per share and represents a decline of 6% from the previous quarter.

 

* Based on the US Dollar/Sterling exchange rate of 1.274 on 31 December 2018.

 

 

 

Note:

1. The above figures are estimates only and are unaudited. No reliance should be placed upon the unaudited Adjusted Net Asset Value per share which should only be taken as an indicative value.

 

2. Detailed information on the Company's portfolio and Macau market can be found in the Q4 Investor Update published on the Company's website at www.mpofund.com.

 

3. 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 and is the only quoted property fund dedicated to investing in Macau, the world's largest gaming market and the only city in China where gaming is legalised.

 

Premium listed on the London Stock Exchange, 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. Its portfolio of property assets was valued at US$320.2 million as at 31 December 2018.

 

www.mpofund.com

 

 

About Sniper Capital Limited

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

 

For further information

 

Investor Relations

Sniper Capital Limited

Tel: +65 6222 1440

info@snipercapital.com

www.snipercapital.com

 

 

Corporate Broker

Liberum Capital

Gillian Martin / Louis Davies

Tel: +44 20 3100 2234

 

Company Secretary & Administrator

Estera International Fund Managers (Guernsey) Limited

Kevin Smith

Tel: +44 14 8174 2742

 

Stock Code

London Stock Exchange: MPO

 

LEI

213800NOAO11OWIMLR72

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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NAVUSONRKBAAUAR
Date   Source Headline
26th Jan 20079:50 amRNSLaunch of Website
24th Jan 200712:57 pmRNSHolding(s) in Company
18th Jan 20072:22 pmRNSHolding(s) in Company
15th Jan 200712:21 pmRNSInvestor Update Q4 2006
27th Nov 20063:09 pmRNSHolding(s) in Company
13th Nov 200611:08 amRNSGBP 32m Investment
13th Nov 20068:32 amRNSGBP 45.5m Investment
17th Oct 200610:38 amRNSAcquisition
4th Oct 20061:45 pmRNSInvestor Update Q3 2006
4th Jul 200611:45 amRNSHolding(s) in Company
5th Jun 20068:10 amRNSCompletion of Fundraising

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