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Macau Property Opportunities Fund reports minimal damage from Hato

25 August 2017 07:08

Macau Property Opportunities Fund reported that the company's portfolio of properties 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 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.

Story provided by StockMarketWire.com

Related Company: MPO

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