Live Breaking News & Updates on Aiping lyu

Stay informed with the latest breaking news from Aiping lyu on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Aiping lyu and stay connected to the pulse of your community

ISS and Glass, Lewis back IsZo directors for Nam Tai board

ISS and Glass, Lewis back IsZo directors for Nam Tai board
By Syndicated Content
By Svea Herbst-Bayliss
BOSTON (Reuters) - Two proxy advisory firms said shareholders of Nam Tai Property should vote for several directors nominated by IsZo Capital to join the China-based real estate company's six-member board.
New York-based IsZo is Nam Tai's third-largest investor after Kaisa Group Holdings Ltd, which owns 24% and Peter Kellogg which owns 19%.
Institutional Shareholders Services (ISS) recommended shareholders elect three of IsZo's six nominees while Glass, Lewis and Co. recommended they elect two of IsZo's nominees.
ISS criticized a lack of independence at the board level saying that four of six incumbent directors breached their fiduciary duty in the context of an improper private placement with Kaisa Group Holdings Ltd.

China , Boston , Massachusetts , United-states , Hong-kong , Karishma-singh , Aiping-lyu , Louis-leung , Michael-cricenti , Si-zong-wu , Peter-kellogg , Nam-tai

Nam Tai Property Comments on ISS and Glass Lewis Reports

Nam Tai Property Comments on ISS and Glass Lewis Reports
ISS, Glass Lewis Both Determine a Change in Board Control is Not Warranted
Both Proxy Advisors Cite Dissident's Plan Lacks Sufficient Detail
Nam Tai Urges Shareholders to Protect the Value of Their Investment by Voting AGAINST Resolutions 1 Through 12 on the WHITE Proxy Card
News provided by
Share this article
Share this article
SHENZHEN, China, April 12, 2021 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today issued the following statement in response to the reports issued by Institutional Shareholder Services Inc. ("ISS") and Glass Lewis regarding the election of directors to Nam Tai's Board of Directors at the Company's upcoming Special Meeting on April 26, 2021.

China , Tongji , Sichuan , Wuxi , Jiangsu , Hong-kong , Shenzhen , Guangdong , British-virgin-islands , Macao , Macau-general , Macau

Nam Tai Property Comments on ISS and Glass Lewis Reports

Nam Tai Property Comments on ISS and Glass Lewis Reports
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

China , Tongji , Sichuan , Wuxi , Jiangsu , Hong-kong , Shenzhen , Guangdong , British-virgin-islands , Macao , Macau-general- , Macau

ISS and Glass, Lewis back IsZo directors for Nam Tai board

ISS and Glass, Lewis back IsZo directors for Nam Tai board
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

China , Boston , Massachusetts , United-states , Hong-kong , Karishma-singh , Aiping-lyu , Louis-leung , Michael-cricenti , Si-zong-wu , Peter-kellogg , Nam-tai