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Nam Tai Property Announces Filing of Application to Appeal the Judgment of the BVI Court News provided by Share this article Share this article SHENZHEN, China, April 7, 2021 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today announced the filing of an application to appeal the March 3, 2021 judgment issued by the Eastern Caribbean Supreme Court in the High Court of Justice in the British Virgin Islands (the "Court"). The judgment held that the private placement previously announced by the Company on October 5, 2020 was void and should be set aside. T...

Independent valuations affirm the underlying value of Nam Tai 's real estate assets SHENZHEN, China, April 7, 2021 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today released an investor presentation highlighting the fundamental value of its assets and a clear path for future growth. The Company also announced the completion of third-party valuations of its properties by Savills Real Estate Valuation (Guangzhou) Limited ("Savills") and Jones Lang LaSalle ("JLL"), resulting in an asset value of approximately RMB 5.7 billion ($880 million), which equa...

Ethereum’s Upcoming EIP 1559 Upgrade Could Cause ETH Price to Skyrocket The trading week kicked off with news of Ethereum. Blockchain developers on the Ethereum network have approved a proposed change to the network that would ‘burn’ a small amount of Ether (ETH) every time that the currency is used to pay ‘gas fees’ on a transaction. According to Bloomberg, the proposal, known as ‘EIP 1559’, will be bundled into an upgrade in July or August of this year. Many analysts believe that the reduction in the supply of Ether tokens will lead to higher token prices overall. This is bec...