25 February 2022

Macau Property Opportunities Fund Limited

 ("MPO" or the "Company")

Director Appointment

Macau Property Opportunities Fund Limited, managed by property investment manager Sniper Capital Limited, is pleased to announce the appointment of Ms Carmen Ling as an independent non-executive director with immediate effect. She will also be a member of the Audit and Risk, Management Engagement and Nomination and Remuneration Committees. Ms Ling's appointment follows an extensive selection process complicated by COVID related travel constraints.

Carmen Ling has over 25 years' banking experience.  She was Managing Director for Citigroup and Standard Chartered Bank.  She has extensive experience across client coverage, real estate, transaction banking and network strategy.  Her role as global head of RMB Internationalisation/Belt & Road for Standard Chartered Bank added unique knowledge and experience to her as an international banker.  Prior to banking, she worked in the hospitality industry for hotel project developments for North Asia, including China and Japan.  Ms Ling is a resident of Hong Kong.

Mark Huntley, Chairman, said:

"I am delighted to welcome Carmen to the Board. With her extensive real estate and banking experience, we believe that she will make a valuable contribution at this key stage for the Company."

Stock Code

London Stock Exchange: MPO

LEI

213800NOAO11OWIMLR72 

For further information:

Manager

Sniper Capital Limited

Group Communications

Tel: +852 2292 6789

Email: [email protected] 

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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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 prime residential 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.