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NTPIF / Nam Tai Property: Stock Rallies On Important Progress In China
Discussing recent progress on the litigation front with the company having lawfully obtained the company's corporate seals (also known as chops). The company has started the process of registering its new CEO as the legal representative for its mainland China subsidiaries in order to get full control of its assets. Recent $15.4 million private placement and restructuring of existing debt with key shareholders resulted in substantial dilution for outside equity holders.
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Posted: Jun 17 2023, 00:49
Author Name: Seeking Alpha
Views: 112549
NTPIF News
By Seeking Alpha
June 17, 2023
Nam Tai Property: Stock Rallies On Important Progress In China
Discussing recent progress on the litigation front with the company having lawfully obtained the company's corporate seals (also known as chops). The more_horizontal