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

Macau Property Opportunities FundAnnouncement

09/02/2024 07:00

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RNS Number : 5626C  Macau Property Opportunities Fund  09 February 2024

9 February 2024

 

 

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$ 81.7 million as at 31 December 2023.

 

This is equivalent to US$1.32 (104 pence*) per share and represents a decline
of 5.1% (9.1% in Sterling terms) from the previous quarter.

 

* Based on the US Dollar/Sterling exchange rate of 1.274 on 31 December 2023.
The US Dollar/Sterling exchange rate was 1.220 as at 30 September 2023.

 

Note:

1.    The above figures are estimates only and are unaudited and derived
from independently assessed valuations. 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 leading 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: +853 2870 5151

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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