Macau Property Opportunities Fund Portfolio Update Following Typhoon Hato (9442O)
August 25 2017 - 2:00AM
UK Regulatory
TIDMMPO
RNS Number : 9442O
Macau Property Opportunities Fund
25 August 2017
25 August 2017
Macau Property Opportunities Fund Limited
("MPO" or the "Company")
Portfolio Update Following Typhoon Hato
Macau Property Opportunities Fund Limited announces that the
Company's portfolio of properties has suffered minimal damage
resulting from Typhoon Hato which caused widespread disruption and
flooding in Macau on Wednesday. The Company is fully insured for
typhoon risk.
The Manager has instructed the commencement of repair works -
mainly glass windows and panels - to the properties.
Typhoon Hato was the strongest recorded storm experienced in
Macau in 53 years, causing several casualties and major water and
power outages across the city.
- Ends -
About Macau Property Opportunities Fund
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.
Premium listed on the London Stock Exchange, 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. Its current
portfolio comprises a mix of prime residential and retail property
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
For further information
Investor Relations
Sniper Capital Limited
Doris Boo
Tel: +65 6222 1440
info@snipercapital.com
www.snipercapital.com
Corporate Broker
Liberum Capital
Richard Bootle / Jonathan Wilkes-Green / Henry Freeman
Tel: +44 20 3100 2232
Company Secretary & Administrator
Heritage International Fund Managers
Mark Huntley / Laurence McNairn
Tel: +44 14 8171 6000
This information is provided by RNS
The company news service from the London Stock Exchange
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