REG - Macau Prop Opp Fund - Adjusted Net Asset Value <Origin Href="QuoteRef">MPO.L</Origin>

Macau Property Opportunities FundAnnouncement

12/08/2015 07:01

RNS Number : 7784V
Macau Property Opportunities Fund
12 August 2015
12 August 2015
Macau Property Opportunities Fund Limited
("MPO" or the "Company")
Adjusted Net Asset Value
Macau Property Opportunities Fund Limited today announces its estimated Adjusted Net Asset Value for the period ended 30 June 2015.
The Company's estimated Adjusted NAV as at 30 June 2015 was US$308 million, equivalent to US$3.97 per share. This represents a decrease of 9.9% from the last reported unaudited Adjusted NAV per share of US$4.41 for the period ended 31 March 2015. 
Based on a US$/GBP exchange rate of 1.5726 as at 30 June 2015, Adjusted NAV per share in Sterling terms was 253 pence.
Note for Investors
The above figures are estimates only and are unaudited. The Company's audited Adjusted Net Asset Value as at 30 June 2015, which may be materially different from the above estimates, will be announced in conjunction with the release of the Company's audited annual results for the period ended 30 June 2015, which are expected to be released on 24 September 2015. No reliance should be placed upon the estimated Adjusted Net Asset Value per share which should only be taken as an indicative value. 
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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 and mainland China's western Pearl River Delta. Its current portfolio comprises a mix of well-positioned residential and retail property assets.
The Fund 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:
Company Registration No. 44813
Website:www.mpofund.com
Public Relations
MHP Communications
Simon Hockridge / James Morgan / Andrew Jaques
Tel: +44 20 3128 8100
Manager 
Sniper Capital Limited
Tel: +65 6222 1440 (Investor Contact)
Tel: +853 2870 5151(Fund Advisor)
Email: info@snipercapital.com
www.snipercapital.com
Corporate Broker
Liberum Capital
Richard Bootle / Jonathan Wilkes-Green 
Tel: +44 20 3100 2222 
Company Secretary & Administrator
Heritage International Fund Managers
Mark Huntley / Laurence McNairn
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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