Executive Summary
Macau Property Opportunities Fund Limited's objective is to provide Shareholders with an attractive total return, which is expected to comprise primarily capital growth but with the potential for dividends over the medium to long term. The Company will focus on investing in property opportunities primarily in Macau, but also potentially in the Western Pearl River Delta region and in exceptional circumstances, greater China. Sniper Capital Limited will manage the Company's investments. Sniper Capital Management Limited, a property fund management company based in Macau, will be responsible for sourcing and analysing potential investment opportunities for the Manager. Sniper Capital Management Limited will also provide general property investment and management advice in respect of the Company's investments. It is expected that no single investment, at the time of acquisition, will represent more than 30 per cent. of the company's gross asset value, although there is no guarantee that this will be the case. If no investments are made within two years, a resolution will be put to shareholders to wind up the Company.
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