Nieuws en video's - NAM TAI PROPERTY INC.

Nam Tai Property Inc. (OTC Expert Market: NTPIF) (“Nam Tai” or the “Company”) today announced that its reconstituted Board of Directors (the “Board”) and new management team have lawfully obtained the corporate chops and business licenses for all of the Company’s subsidiaries in the People’s Republic of China (“PRC”). This was achieved with the support of Nam Tai’s independent legal counsels and advisors led by Jack Law of Hui Zhong Law Firm. The Company is now in the...

Nam Tai Property Inc. (OTC Expert Market: NTPIF) (“Nam Tai” or the “Company”) today announced that a Hong Kong arbitrator has dismissed all claims brought by Greater Sail Limited (“GSL”) against the Company for USD $146.9 million under a 2020 private investment in public equity (the “2020 PIPE”) transaction involving the Company and GSL. The arbitrator has also accepted counterclaims brought by Nam Tai against GSL. GSL is a wholly owned subsidiary of Kaisa Group Holdings Limited...

Nam Tai Property Inc. (OTC Expert Market: NTPIF) (“Nam Tai” or the “Company”) today provided the following corporate updates: Director Resignations Nam Tai’s Board of Directors (the “Board”) has accepted the resignations of directors Cindy Chen Delano, Leung Lin Cheong (Louis Leung), Zhou Chongqing and Mark Waslen. Mr. Leung’s resignation became effective on December 1, 2022. The resignations of Messrs. Waslen and Zhou and Ms. Delano became effective on December 12, 2022. There...

Nam Tai Property Inc. (OTC Expert Market: NTPIF) (“Nam Tai” or the “Company”) today provided the following corporate updates: Efforts to Obtain On-Shore Control – Nam Tai’s reconstituted Board of Directors (the “Board”) continues to engage in productive discussions with local policymakers and regulators, while also working with legal counsel to pursue claims, across multiple jurisdictions, against Wang Jiabiao, Zhang Yu, Greater Sail Limited and Kaisa Group Holdings Limited...

Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”) today announced that the Shenzhen Intermediate People's Court (the “Intermediate Court”) has upheld the jurisdiction of the Shenzhen Qianhai Cooperation Zone People’s Court (the “Qianhai Court”) to grant the Company’s subsidiary’s request to freeze the personal bank accounts and assets of Wang Jiabiao and Zhang Yu, who were terminated by the Company’s reconstituted Board of Directors (the “Board”) in the...

Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”) today announced that the Shenzhen Qianhai Cooperation Zone People’s Court (the “Court”) has granted its subsidiary’s request to freeze the bank accounts and assets of Wang Jiabiao and Zhang Yu, who were terminated by the Company’s reconstituted Board of Directors (the “Board”) in the fourth quarter of 2021. This follows the Court’s recent order that prohibited Mr. Wang and Ms. Zhang from using the corporate...

Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”) today announced that the Shenzhen Qianhai Cooperation Zone People’s Court (the “Court”) has granted its subsidiary’s request that Wang Jiabiao and Zhang Yu – who were terminated by the Company’s reconstituted Board of Directors – be prohibited from using the corporate chops and business licenses of Nam Tai Investment (Shenzhen) Co., Ltd. (“Nam Tai Investment”), a wholly owned indirect subsidiary of the...

Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”) today announced the immediate appointment of Zhou Chongqing to the Company’s Board of Directors (the “Board”). In addition, the Company announced that Jeffrey Tuder and Paula J. Poskon have resigned from their director positions, resulting in a reduction of the Board to eight members. Michael Cricenti, Nam Tai’s Chairman, commented: “We are pleased to welcome Mr. Zhou to the Board. In addition to having a deep...

Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”) today provided updates pertaining to legal proceedings initiated last week in the British Virgin Islands (“BVI”) Commercial Division of the Eastern Caribbean Supreme Court (the “Court”) against Greater Sail Limited (“Greater Sail”), a wholly-owned affiliate of Kaisa Group Holdings Limited (“Kaisa Group”) that is incorporated in the BVI: On January 26, 2022, Nam Tai filed a claim with the Court that alleges...

The Board of Directors of Nam Tai Property Inc. (NYSE: NTP) today provided a series of corporate updates via the below open letter to shareholders. *** Dear Shareholders, We want to update you on our path to securing total on-shore control of Nam Tai Property Inc. ("Nam Tai" or the "Company") and its assets. In recent weeks, Jiabiao Wang, whom we believe to be a longtime ally of Kaisa Group Holdings Limited (collectively with its affiliates, “Kaisa Group”) and whom the reconstituted Board of...

Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”) today provided a series of corporate updates, including that it has entered into a one-year shareholder rights plan (the “Rights Plan”). The Rights Plan, which is effective immediately and will expire no later than December 13, 2022, unless renewed, was unanimously approved by the recently reconstituted Board of Directors (the “Board”) to protect the best interests of the Company and its shareholders. One Right has...

Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”) today announced that the special meeting of shareholders (the “Special Meeting”) held on November 30, 2021, has resulted in a reconstitution of the Company’s Board of Directors (the “Board”). At the Special Meeting, holders of nearly 60% of the Company’s outstanding shares voted to approve the resolutions proposed by IsZo Capital Management LP. Specifically, the following resolutions were adopted at the Special...

Nam Tai Provided an Update Regarding the Requisitioned Meeting PR Newswire SHENZHEN, China, Nov. 29, 2021 SHENZHEN, China , Nov. 29, 2021 /PRNewswire/ -- Nam Tai Property Inc. (" Nam Tai " or the "Company") (NYSE Symbol: NTP) today provided an update regarding the meeting of members of the Company (the "Requisitioned Meeting") requisitioned by Greater Sail Limited and other shareholders (the "Requisitioning Shareholders") in writing, which in aggregate are entitled to exercise more than 30% of...

Nam Tai Responds to a Request to Call Special Meeting of Shareholders PR Newswire SHENZHEN, China, Nov. 25, 2021 SHENZHEN, China , Nov. 25, 2021 /PRNewswire/ -- Nam Tai Property Inc. (" Nam Tai " or the "Company") (NYSE Symbol: NTP) today announced that its Board has received a written request from Greater Sail Limited and others (the "Requisitioning Shareholders"), who in aggregate are entitled to exercise more than 30% of the voting rights of the outstanding shares in the Company, calling for...

Nam Tai Urges Shareholders to Vote for the Current Board and Support the Management PR Newswire SHENZHEN, China and TORTOLA, British Virgin Islands, Nov. 17, 2021 The current Board and m anagement bring hands-on experience and expertise to drive growth, contribute to long-term success and create value for ALL shareholders. Able to navigate current uncertainties in Chinese operating environment for real estate developers. Shareholders are urged to vote AGAINST the removal of the current directors...

Nam Tai Issues Statement regarding the Hearing of Three Applications Filed Subsequent to the Appeal Judgment Dated October 4, 2021 PR Newswire SHENZHEN, China, and TORTOLA, British Virgin Islands, Nov. 11, 2021 SHENZHEN, China , and TORTOLA, British Virgin Islands , Nov. 11, 2021 /PRNewswire/ -- Nam Tai Property Inc. (" Nam Tai " or the "Company") (NYSE Symbol: NTP) is to provide an update regarding the hearing held on November 8, 2021 in relation to the three applications filed on October 18,...

NAM TAI PROPERTY INC. Announces Q3 2021 Results PR Newswire SHENZHEN, China, Nov. 4, 2021 SHENZHEN, China , Nov. 4, 2021 /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, 2021 . SUMMARY PRC government continued to roll out restrictive measures to curb speculation in the domestic property market in the reporting period. The real estate sector is experiencing an extremely...

Nam Tai Issues Statement in Connection with its Appeal Against the Judgment dated March 3, 2021 PR Newswire SHENZHEN, China and TORTOLA, British Virgin Islands, Oct. 7, 2021 SHENZHEN, China and TORTOLA, British Virgin Islands , Oct. 7, 2021 /PRNewswire/ -- Nam Tai Property Inc. (" Nam Tai " or the " Company ") (NYSE Symbol: NTP) provides an update regarding the dismissal of its appeal before the Eastern Caribbean Court of Appeal in the British Virgin Islands (the " Court of Appeal ") against the...

Nam Tai Issues Statement in Connection with its Appeal Against the Judgment dated March 3, 2021 PR Newswire SHENZHEN, China, and TORTOLA, British Virgin Islands, October 4, 2021 SHENZHEN, China , and TORTOLA, British Virgin Islands, October 4, 2021 /PRNewswire/ -- Nam Tai Property Inc. (" Nam Tai " or the "Company") (NYSE Symbol: NTP) is to provide an update on its appeal before the Eastern Caribbean Court of Appeal in the British Virgin Islands (the "Court of Appeal") against the judgment...

Nam Tai Property Inc. Secured a Loan Facility of Approximately US$164 Million to Address Its Liquidity Issues PR Newswire SHENZHEN, China, Sept. 14, 2021 SHENZHEN, China , Sept. 14, 2021 /PRNewswire/ -- Nam Tai Property Inc. (" Nam Tai " or the "Company") (NYSE: NTP) is pleased to announce that Nam Tai Investment ( Shenzhen ) Co., Ltd. ("Nam Tai Investment"), a wholly owned indirect subsidiary of the Company, has entered into a loan agreement (the "Loan Agreement") with the Shenzhen Branch of...