May 31, 2006 - Macau Property Opportunities Fund Limited said Tuesday that it plans to raise GBP105 million via an initial public offering on the U.K. Alternative Investment Market.
The company will issue up to 105,000,000 Ordinary Shares of US$0.01 nominal value each in the Company at price of 100 pence per Ordinary Share. Up to 10% of the Ordinary Shares in issue may be held in Treasury.
It is expected dealings will start on June 5.
The Company will focus on investing in property opportunities primarily in Macau, but also potentially in the Western Pearl River Delta region and in exceptional circumstances, greater China.
