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Nam Tai Property ( (NTPIF) ) has issued an update.
Nam Tai Property Inc. has successfully gained full control over its on-shore assets in China and resolved disputes with Greater Sail Ltd., a Kaisa Group subsidiary, marking a significant step in stabilizing its operations. The company’s strategic settlements with various entities, including Credit Suisse/UBS and West Ridge, position it to focus more on business operations and value realization, benefiting stakeholders and enhancing industry positioning.
More about Nam Tai Property
Nam Tai Property Inc., incorporated in the British Virgin Islands, operates in the commercial real estate sector with subsidiaries managing industrial complex projects in Guangming and Bao’an, Shenzhen, China.
YTD Price Performance: -68.42%
Average Trading Volume: 26,032
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $58.8M
See more data about NTPIF stock on TipRanks’ Stock Analysis page.