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Macau Property Opportunities Fund Limited confirmed that proposed relaxation measures to Macau's real estate anti-speculation policies came into effect on 20 April. These policy changes followed official ratification by the Macau government and were previously highlighted in the Company's 16 April 2024 announcement.
| Date | 22 Apr 2024 |
| Time | 07:00:08 |
| Category | Corporate updates |
| ID | 4053L |
22 April 2024
Macau Property Opportunities Fund Limited
("MPO" or "the Company")
Further Update on Macau Property Market
Further to the Company's announcement on 16 April 2024 in which proposed relaxation measures to Macau's long standing real estate anti-speculation policies were highlighted, the Company is pleased to confirm that these policy changes came into effect on 20 April following official ratification by the Macau government.
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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 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, 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: [email protected]
Corporate Broker
Liberum Capital
Darren Vickers / Owen Matthews
Tel: +44 20 3100 2222
Company Secretary & Administrator
Ocorian Administration (Guernsey) Limited
Kevin Smith
Tel: +44 14 8174 2742