5th Dec 2007 07:00
Macau Property Opportunities Fund05 December 2007 Macau Property Opportunities Fund Limited (the "Company") Completion of Acquisition On 24 October 2007, Macau Property Opportunities Fund Limited, managed by SniperCapital Limited, announced the conditional acquisition of a well-positioned10,500-square foot redevelopment project located close to Macau's main historicsquare on Macau Peninsula. The Company is planning a mixed-use redevelopmentproject for the site and is investing a total of US$26.6 million in the project. The acquisition of the site, which was subject, inter alia, to delivery ofvacant possession by the vendors, has now been completed. --Ends-- For further information: Website: www.mpofund.com Public RelationsHogarth Partnership LimitedAndrew Jaques / Sarah RichardsonTel: +44 20 7357 9477 Nominated Adviser and Joint BrokerCollins Stewart Europe LimitedHugh FieldTel: +44 20 7523 8325 Joint BrokerShore Capital Stockbrokers LimitedDru DanfordTel: +44 20 7408 4090 Company Secretary & AdministratorHeritage International Fund Managers LimitedMark Huntley / Laurence McNairnTel: +44 1481 716000 ManagerSniper Capital LimitedInvestor ContactTel: +852 2292 6700Email: [email protected] Stock Codes: Bloomberg: MPO LNReuters: MPO.L This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Macau Property