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Holding(s) in Company

17 Sep 2008 16:22

RNS Number : 6863D
Macau Property Opportunities Fund
17 September 2008
 



Macau Property Opportunities Fund Limited

Holding(s) in Company

Pursuant to AIM rule 17, we hereby make the following notification:-

On the 17 September 2008, Midas Capital plc disclosed a decrease in their holding of Ordinary Shares US$0.01 from 17.30% to 16.99%. This resulted from the sale of 325,000 shares on 15 September 2008. They are now the direct owner of 17,840,000 shares.

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About Macau Property Opportunities Fund

Macau Property Opportunities Fund Limited, which raised £105 million in a placing and commenced trading on the Alternative Investment Market of the London Stock Exchange in 2006, is a closed-end investment fund registered in Guernsey.

The Company's investment policy is to provide shareholders with an attractive total return through investing in property opportunities in one of the world's fastest growing and most dynamic regions - Macau and the Western Pearl River Delta of Southern China. 

The Fund is managed by Sniper Capital Limited, an independent investment manager that specialises in property investment opportunities in niche, undervalued and developing markets.

Key Contacts:

Public Relations

Hogarth Partnership Limited

Andrew Jaques/Sarah Richardson

Tel: +44 20 7357 9477

Nominated Adviser & Joint Broker

Collins Stewart Europe Limited

Hugh Field

Tel: +44-20 7523 8350

Joint Broker

Shore Capital Stockbrokers Limited

Dru Danford

Tel: +44-20 7408 4090

Manager

Sniper Capital Limited

Daisy Tang, Corporate & Investor Communications 

Tel: +852 2292 6700

Email: info@snipercapital.com

www.snipercapital.com

For further information, please visit the Company's website at www.mpofund.com

Stock Codes: Bloomberg: MPO LN

Reuters: MPO.L

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