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IsZo Capital Issues Letter to Nam Tai Shareholders Regarding Status of Lawsuit to Invalidate the Company’s Dilutive Private Placement

NEW YORK--(BUSINESS WIRE)--IsZo Capital Management LP (together with its affiliates, “IsZo”), a long-term shareholder of Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”) with beneficial ownership of approximately 11% of the Company’s outstanding shares,1 today issued the below letter to shareholders regarding its lawsuit in the Eastern Caribbean Supreme Court against Nam Tai, Kaisa Group Holdings Limited’s (HKG: 1638) wholly-owned subsidiary Greater Sail Limited and West Ridge Investment Company Limited.