Nam Tai Property Inc. engages in the property development and management activities in the Peoples Republic of China. It focuses on developing two parcels of land for converting into commercial complexes in Gushu and Guangming, Shenzhen. The company was formerly known as Nam Tai Electronics, Inc. and changed its name to Nam Tai Property Inc. in April 2014. Nam Tai Property Inc. was founded in 1975 and is based in Shenzhen, the Peoples Republic of China.
Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today announced that Mr. Ying Chi Kwok ("Mr. Kwok") has resigned as the Director of Board and Chief Executive Officer of the Company due to personal reasons and not as a result of any disagreement with the Company's policies or practices. Upon the resignation, Mr. Kwok ceases to be the Chairman of the Board of Directors. The resignation becomes effective immediately.
IsZo Capital Management LP (together with its affiliates, "IsZo"), a significant long-term shareholder of Nam Tai Property Inc. (NYSE: NTP) ("Nam Tai" or the "Company") with beneficial ownership of approximately 10% of the Company’s outstanding shares, today announced that it has delivered to Nam Tai verified requests to convene a meeting of the Company’s shareholders (the "Special Meeting") from holders of more than 40% of the Company’s outstanding shares. IsZo has been seeking to convene the Special Meeting for the purpose of providing shareholders an opportunity to reconstitute Nam Tai’s Board of Directors (the "Board") by removing a majority of the incumbent directors and installing six highly-qualified and independent individuals: M...
Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) is pleased to announce the grand opening of Nam Tai Inno Park (the "Park") at its brand launching event as a part of the "Tech Empowerment • Greater Bay Area" – Technology and Industry Development Summit (the "Summit") held on September 10, 2020 at Guangming Community Sports Center.
Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) is pleased to announce that Towers A, B and C of Nam Tai Technology Center have received Gold precertification under the Leadership in Energy and Environmental Design (LEED) v4 Building Design and Construction: Core and Shell Development (CS) rating system. This precertification represents a strong endorsement of the Company's commitment to high-performance green building and acknowledges the efforts Nam Tai has made on this important development project.