Nam Tai Property +19% after property developer buys shares [Seeking Alpha]
Nam Tai Property Inc. (NTP)
US:NYSE Investor Relations:
namtai.com/investors
Company Research
Source: Seeking Alpha
Nam Tai Property (NYSE: NTP ) Chairman M.K. Koo has agreed to sell 6.5M of his shares for $17 each to Kaisa Group Holdings - a premium of more than 100% of the company's 30-day trading average. After a three-year search, Nam Tai chose Kaisa as its strategic partner as it moves to develop its two major Shenzhen properties. Shares to $9.75 Source: Press Release Now read: Tech Dogs Nam Tai, TiVo & Daktronics Tagged For Big July Gains By Broker Targets »
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