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18 Sep 2009 07:00
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18Β SeptemberΒ 2009
Speymill Macau Property Company plcΒ
("Speymill Macau" or the "Company")
Posting ofΒ InterimΒ Report
Speymill Macau Property Company plc (MCAU.L), the Macau focused property investment company listed on AIM, announces thatΒ the Company'sΒ interimΒ report for theΒ 6 months ended 30Β JuneΒ 2009Β has been posted to shareholders and is available on its website,Β http://www.speymillmacau.com.Β
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For further information please visitΒ www.speymillmacau.comΒ or contact:
|
Speymill Property Group LimitedΒ (Manager) |
Speymill Property Group (Far East) Limited (Investment Adviser) |
|
Nigel Caine, CFO Funds |
Thomas Sipos |
|
Nick Harris, Manager |
+852 2514 6104 |
|
+44 1624 640 860 |
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|
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|
Smith & Williamson Corporate Finance Limited (Nominated Adviser) |
Fairfax I.S. PLCΒ (Brokers) |
|
Azhic Basirov |
James King |
|
Siobhan Sergeant |
Andrew Cox |
|
+44 20 7131 4000 |
+44 20 7598 5368 |
|
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|
Tavistock Communications LimitedΒ (Media & Investor Relations) |
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|
Jeremy Carey |
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|
Simon Hudson |
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|
Gemma Bradley |
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|
+44 20 7920 3150 |
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Notes to editors:
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- Macau is one of only two Special Economic Regions, a semi-autonomous administrative area, inΒ China, and has enjoyed explosive economic growth, in part due to its establishment as an important gambling centre which has led to high historical and forecast GDP growth, driven by rising incomes and low unemployment levels. Coupled with the limited availability of land, developers are now struggling to meet a stronger than anticipated demand for higher quality housing. The Company intends to exploit these favourable market dynamics with the aim of generating attractive overall returns for shareholders.
Speymill Property Group Limited ("SPG") is the Manager of the Company and the Investment Adviser is Speymill Property Group (Far East) Limited, a wholly ownedΒ subsidiary of SPG.
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