Further Update on Macau Property Market

Source: RNS
RNS Number : 4053L
Macau Property Opportunities Fund
22 April 2024
 

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: info@snipercapital.com

 

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

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