Latest Breaking News On - நாம் தை ப்ராபர்டீ - Page 2 : comparemela.com

IsZo Capital Provides Update on Nam Tai’s Appeal of Voided Private Placement  |  0  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 subsidiary Greater Sail Limited and West Ridge Investment Company Limited. The Court’s March 2021 ruling voided Nam Tai’s $170 million private placement and found that the Company’s Board of Directors (the “Board”) acted for an improper purpose when initiating the dilutive transaction in October 2020.

Nam taiRidge investment companyEastern caribbean courtKaisa group holdings limitedNam tai property incEastern caribbean supreme court theCompany board of directors theGreater sailIszo capital managementNam tai propertyEastern caribbean supreme courtGreater sail limitedWest ridge investment companyKaisa affiliated boardSpecial meetingநாம் தை