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.
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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
[email protected]
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
