Macau Property Opportunities Fund Quarterly Net Asset Value (2430V)
27 January 2017 - 7:00AM
UK Regulatory
TIDMMPO
RNS Number : 2430V
Macau Property Opportunities Fund
27 January 2017
27 January 2017
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
Company has achieved an Adjusted Net Asset Value of US$231.2
million for the period ended 31 December 2016.
This is equivalent to US$3.03 (245 pence*) per share and
represents an increase of 1.30% from the previous quarter.
The Company's Interim Results for the period ended 31 December
2016 are expected to be released on 27 February 2017.
*Based on a US$/GBP exchange rate of 1.234 as at 31 December
2016.
--End--
Note:
1. The above figures are estimates only and are unaudited. No
reliance should be placed upon the estimated Adjusted Net Asset
Value per share which should only be taken as an indicative
value.
2. Detailed information on MPO's portfolio and the Macau market
is available in the Fund's 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. Listed on the London
Stock Exchange's main market, 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, the only city in
China where casinos are legal. Its current portfolio comprises a
mix of well-positioned residential and retail property assets.
MPO is managed by Sniper Capital, 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
Doris Boo
Tel: +65 6222 1440
Public Relations
MHP Communications
Andrew Jaques / Simon Hockridge / Kelsey Traynor
Tel: +44 20 3128 8100
Corporate Broker
Liberum Capital
Richard Bootle / Jonathan Wilkes-Green / Henry Freeman
Tel: +44 20 3100 2232
Company Secretary & Administrator
Heritage International Fund Managers
Mark Huntley
Tel: +44 14 8171 6000
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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January 27, 2017 02:00 ET (07:00 GMT)