Nam Tai Property

Nam Tai Property, Inc. is a holding company, which engages in the business of real estate development and operation. It focuses on the research and development of Nam Tai Inno Park Project in Guangming, Shenzhen, and Nam Tai Inno City Project in Gushu, Shenzhen. The company was founded by Ming Kown Koo in 1975 and is headquartered in Shenzhen, China.

SHENZHEN, China, Aug. 6, 2021 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE: NTP) today is pleased to announce that the Company (through its subsidiary) obtained the pre-sale permits for towers 1, 2 and 6 of Nam Tai • Longxi on July 30, 2021. The Company commenced the pre-sale of the first batch of approximately 260 residential units which are equivalent to 27,899 square meters on August 6, 2021 (the "Unit(s)").

Nam Tai Property Announces the Commencement of Pre-sale of Nam Tai Longxi

Nam Tai Property Inc. (NTP) Q2 2021 Results - Earnings Call Transcript

SHENZHEN, July 29, 2021 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today announced its unaudited financial results for the quarter ended June 30, 2021. SUMMARY All of our PRC lenders have demanded us to repay their respective outstanding loans immediately due to the significant uncertainty on share ownership and the potential changes in the Board of Directors of the Company.

NAM TAI PROPERTY INC. Announces Q2 2021 Results

NEW YORK--(BUSINESS WIRE)--IsZo Capital Management LP (together with its affiliates, “IsZo”), which beneficially owns approximately 13.1% of the outstanding shares of Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”), today provided an update regarding the Company's appeal to the Eastern Caribbean Court of Appeal (the “Court of Appeal”) of the Eastern Caribbean Supreme Court's (the “Court”) ruling against Nam Tai, Kaisa Group Holdings Limited's (HKG: 1638) (“Kaisa”) wholly-owned su

IsZo Capital Provides Update on Nam Tai's Appeal of Voided Private Placement

The Chinese real estate manager posted solid earnings, magnified by an ongoing battle with activist investors.

Nam Tai Property Shares More Than Doubled in May; Here's Why

NEW YORK--(BUSINESS WIRE)--IsZo Capital Management LP (together with its affiliates, “IsZo”), which beneficially owns approximately 13.1% of the outstanding shares of Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”), today provided two notable updates pertaining to its efforts to reconstitute the Company's Board of Directors (the “Board”). First, IsZo secured alternative financing for potentially covering Nam Tai's debt. Second, the Eastern Caribbean Court of Appeal (the “Court of

IsZo Capital Updates Fellow Shareholders on its Campaign for Boardroom Change at Nam Tai

SHENZHEN, China, April 29, 2021 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today announced its unaudited results for the first quarter ended March 31, 2021. KEY HIGHLIGHTS In the quarter ended March 31, 2021: Revenue was $69.0 million in the first quarter of 2021, an increase of $68.3 million year-on-year.

Nam Tai Property Inc. Reports Q1 2021 Results

NEW YORK--(BUSINESS WIRE)--IsZo Capital Management LP (together with its affiliates, “IsZo”), which beneficially owns approximately 14.1% of the outstanding shares of Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”), today commented on the order issued by the Eastern Caribbean Court of Appeal (the “Court of Appeal”) in connection with the Company's appeal of the Eastern Caribbean Supreme Court's (the “Court”) ruling against Nam Tai, Kaisa Group Holdings Limited's (HKG: 1638) (“Kai

IsZo Capital Comments on Stay Delaying Nam Tai's Special Meeting

SHENZHEN, China , April 21, 2021 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today announced that the Eastern Caribbean Court of Appeal in the British Virgin Islands (the "Court") has granted an order ("Order") postponing the Special Meeting previously scheduled for April 26, 2021. The Court's Order was issued in connection with the Company's appeal against the order of Justice Adrian Jack of March 3, 2021, in which he held that the private placement previously announced by the Company on October 5, 2020 was void and should be set aside.

Nam Tai Property Announces Issuance of Stay by the Eastern Caribbean Court of Appeal in the British Virgin Islands

SHENZHEN, China, April 12, 2021 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today issued the following statement in response to the reports issued by Institutional Shareholder Services Inc. ("ISS") and Glass Lewis regarding the election of directors to Nam Tai's Board of Directors at the Company's upcoming Special Meeting on April 26, 2021. ISS, Glass Lewis Both Determine a Change in Board Control is Not Warranted We are pleased that ISS and Glass Lewis recognize the risks associated with IsZo gaining control of the Board.

Nam Tai Property Comments on ISS and Glass Lewis Reports

NEW YORK--(BUSINESS WIRE)--IsZo Capital Management LP (together with its affiliates, “IsZo” or “we”), which beneficially owns approximately 13% of the outstanding shares of Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”), today announced that leading independent proxy advisory firms Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co., LLC (“Glass Lewis”) have recommended that Nam Tai shareholders vote for boardroom change on IsZo's GREEN Proxy Card. As a re

IsZo Capital Announces That ISS and Glass Lewis Recommend Nam Tai Shareholders Vote for Boardroom Change on its GREEN Proxy Card

Investor presentation provides clear path for future growth and profitability Independent valuations affirm the underlying value of Nam Tai 's real estate assets SHENZHEN, China, April 7, 2021 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today released an investor presentation highlighting the fundamental value of its assets and a clear path for future growth. The Company also announced the completion of third-party valuations of its properties by Savills Real Estate Valuation (Guangzhou) Limited ("Savills") and Jones Lang LaSalle ("JLL"), resulting in an asset value of approximately RMB 5.7 billion ($880 million), which equates to a net asset value of approximately $18 per share, including balance sheet adjustments.

Nam Tai Property Releases Investor Presentation and Completion of Third-Party Valuation Reports

SHENZHEN, China , April 7, 2021 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today announced the filing of an application to appeal the March 3, 2021 judgment issued by the Eastern Caribbean Supreme Court in the High Court of Justice in the British Virgin Islands (the "Court"). The judgment held that the private placement previously announced by the Company on October 5, 2020 was void and should be set aside.

Nam Tai Property Announces Filing of Application to Appeal the Judgment of the BVI Court

DALLAS--(BUSINESS WIRE)--Railroad Ranch Capital Management LP ("Railroad Ranch" or “we”), today announced that it will vote 100% of its shares of Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”) on the GREEN Proxy Card in support of IsZo Capital Management LP's (“IsZo”) six director candidates. Railroad Ranch, stated: “Railroad Ranch has been a Nam Tai shareholder since 2017 and has had many conversations with the Board of Directors as well current and former management regarding

Railroad Ranch Capital Announces Intent to Vote on the GREEN Proxy Card in Support of IsZo Capital's Slate at Nam Tai's Special Meeting

NEW YORK--(BUSINESS WIRE)--IsZo Capital Management LP (together with its affiliates, “IsZo”), which beneficially owns approximately 13% of the outstanding shares of Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”), today issued the below letter on behalf of its director nominees – Michael Cricenti, Cindy Chen Delano, Bo Hu, Leung Lin Cheong Louis (Louis Leung), Paula J. Poskon and Jeffrey Tuder – to the Company's stakeholders in mainland China. As a reminder, IsZo is seeking share

IsZo Capital's Director Candidates Issue Open Letter to Nam Tai's Stakeholders in Mainland China

NEW YORK--(BUSINESS WIRE)--IsZo Capital Management LP (together with its affiliates, “IsZo” or “we”), which beneficially owns approximately 13% of the outstanding shares of Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”), today announced that it has mailed the below letter to its fellow shareholders ahead of the upcoming court-ordered meeting of shareholders (the “Special Meeting”) scheduled to take place on April 26, 2021. The Special Meeting will provide shareholders the opport

IsZo Capital Mails Letter to Nam Tai Shareholders Ahead of Upcoming Special Meeting on April 26, 2021

NEW YORK--(BUSINESS WIRE)--IsZo Capital Management LP (together with its affiliates, “IsZo” or “we”), which beneficially owns approximately 12.1% of the outstanding shares of Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”), today announced that the Eastern Caribbean Supreme Court (the “Court”) has ordered the Company to convene a meeting of shareholders (the “Special Meeting”) on April 26, 2021 and fix a record date of March 15, 2021. On September 11, 2020, IsZo delivered to Nam

IsZo Capital Provides Important Update Regarding Special Meeting of Nam Tai Shareholders

Investors responded to a recent court ruling involving the company.

Why Nam Tai Property Stock Jumped Today

SHENZHEN, China, and TORTOLA, British Virgin Islands, March 3, 2021 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today provided an update on the litigation filed by IsZo Capital LP (together with its affiliates, "IsZo") against the Company in the...

Nam Tai Issues Statement in Connection with Litigation Filed by IsZo Capital Management

NEW YORK--(BUSINESS WIRE)--IsZo Capital Management LP (together with its affiliates, “IsZo”), which beneficially owns approximately 11% of the outstanding shares of Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”), today commented on the outcome of the lawsuit it brought in the Eastern Caribbean Supreme Court (the “Court”) against Nam Tai, Kaisa Group Holdings Limited's (HKG: 1638) (“Kaisa”) wholly-owned subsidiary Greater Sail Limited (“Kaisa-Greater Sail”) and West Ridge Investm

IsZo Capital Pleased by Court's Ruling to Void Nam Tai's $170 Million Private Placement

NEW YORK--(BUSINESS WIRE)--IsZo Capital Management LP (together with its affiliates, “IsZo”), which beneficially owns approximately 11% of the outstanding shares1 of Nam Tai Property Inc. (NYSE:NTP) (“Nam Tai” or the “Company”), today provided an update regarding its lawsuit in the Eastern Caribbean Supreme Court against Nam Tai, Kaisa Group Holdings Limited's (HKG:1638) wholly-owned subsidiary Greater Sail Limited (“Kaisa-Greater Sail”) and West Ridge Investment Company Limited (“West Ridge”).

IsZo Capital Provides Update Regarding Status of Lawsuit to Invalidate Nam Tai's Dilutive Private Placement

SHENZHEN, China, Jan. 29, 2021 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today announced its unaudited financial results for the quarter ended December 31, 2020. KEY HIGHLIGHTS In the quarter ended December 31, 2020: Revenue was $68.6 million in...

Nam Tai Property Inc. Announces Fourth Quarter 2020 Results

NEW YORK--(BUSINESS WIRE)--IsZo Capital Management LP (together with its affiliates, “IsZo”), a long-term shareholder of Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”) with beneficial ownership of approximately 11% of the Company's outstanding shares,1 today issued the below letter to shareholders regarding its lawsuit in the Eastern Caribbean Supreme Court against Nam Tai, Kaisa Group Holdings Limited's (HKG: 1638) wholly-owned subsidiary Greater Sail Limited and West Ridge Inv

IsZo Capital Issues Letter to Nam Tai Shareholders Regarding Status of Lawsuit to Invalidate the Company's Dilutive Private Placement

Many prominent investors, including Warren Buffett, David Tepper and Stan Druckenmiller, have been cautious regarding the current bull market and missed out as the stock market reached another high in recent weeks. On the other hand, technology hedge funds weren't timid and registered double digit market beating gains. Financials, energy and industrial stocks aren't doing great but many of the stocks that delivered strong returns since March are still going very strong and hedge funds actually increased their positions in these stocks. In this article we will find out how hedge fund sentiment to Nam Tai Property Inc (NYSE:NTP) changed recently.

Hedge Funds Aren't Done Selling Nam Tai Property Inc (NTP)

SHENZHEN, China, Oct. 30, 2020 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today announced its unaudited financial results for the quarter ended September 30, 2020. KEY HIGHLIGHTS In the quarter ended September 30, 2020: Revenue was $1.1 million...

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