IsZo Capital Mails Letter to Nam Tai Shareholders Ahead of Upcoming Special Meeting on April 26, 2021
NEW YORK--(BUSINESS WIRE)--IsZo Capital Management LP (together with its affiliates, “IsZo” or “we”), which beneficially owns approximately 13% of the outstanding shares of Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”), today announced that it has mailed the below letter to its fellow shareholders ahead of the upcoming court-ordered meeting of shareholders (the “Special Meeting”) scheduled to take place on April 26, 2021. The Special Meeting will provide shareholders the opportunity to reconstitute the Company’s Board of Directors by removing a majority of the incumbents, who were found to have breached their fiduciary duties by the Eastern Caribbean Supreme Court,
