REG - Macau Prop Opp Fund - Quarterly Net Asset Value Update

Macau Property Opportunities FundAnnouncement

09/08/2018 07:05

RNS Number : 2192X
Macau Property Opportunities Fund
09 August 2018
 


9 August 2018
 
 
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 unaudited Adjusted Net Asset Value of the Company was US$260.6 million as at 30 June 2018.  
 
This is equivalent to US$3.41 (258 pence*) per share and represents a decline of 1.4% from the previous quarter.
 
* Based on the US Dollar/Sterling exchange rate of 1.321 on 30 June 2018.
 
 
 
Note:
1. The above figures are estimates only and are unaudited. The Company's audited Adjusted Net Asset Value as at 30 June 2018, 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 year ended 30 June 2018, which are expected to be released on 24 September 2018. 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 the Company's portfolio and Macau market can be found in the Q2 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
 
Premium listed on the London Stock Exchange, Macau Property Opportunities Fund Limited is a closed-end investment company registered in Guernsey and is the only quoted property fund dedicated to investing in Macau, the world's largest gaming market and the only city in China where gaming is legalised.
 
Launched in 2006, the Company targets strategic property investment and development opportunities in Macau. Its current portfolio comprises luxury residential assets.
The Company is managed by Sniper Capital Limited, an Asia-based property investment manager with an established track record in fund management and investment advisory.
 
Stock Code
 
London Stock Exchange: MPO
 
LEI
 
213800NOAO11OWIMLR72 
 
For further information
 
Investor Relations
Sniper Capital Limited
Seah Li Ching
Tel: +65 6222 1440
info@snipercapital.com
www.snipercapital.com  
 
Corporate Broker
Liberum Capital
Gillian Martin
Tel: +44 20 3100 2217
 
Company Secretary & Administrator
Estera International Fund Managers (Guernsey) Limited
Kevin Smith
Tel: +44 14 8174 2742
 
 
 
 
 




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