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RNS Number : 6042V Macau Property Opportunities Fund 11 August 2022
11 August 2022
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$ 103.4 million as at 30 June 2022.
This is equivalent to US$1.67 (138 pence*) per share and represents a decline
of 8.7% (1.0% in Sterling terms) from the previous quarter.
* Based on the US Dollar/Sterling exchange rate of 1.212 on 30 June 2022. The
US Dollar/Sterling exchange rate was 1.313 as at 31 March 2022.
Note:
1. The above figures are estimates only and are unaudited. The Company's
audited Adjusted Net Asset Value as at 30 June 2022, 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
2022. No reliance should be placed upon the unaudited 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 on the Company's website at www.mpofund.com (http://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 (http://mpofund.com) 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 prime
residential property assets.
The Company is managed by Sniper Capital Limited (http://snipercapital.com/) ,
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:
Manager
Sniper Capital Limited
Group Communications
Tel: +852 2292 6789
Email: info@snipercapital.com (mailto:info@snipercapital.com)
Corporate Broker
Liberum Capital
Darren Vickers / Owen Matthews
Tel: +44 20 3100 2234
Company Secretary & Administrator
Ocorian Administration (Guernsey) Limited
Kevin Smith
Tel: +44 14 8174 2742
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. END NAVURVORUAUWAAR