Nam Tai Property Inc. announced dividend of $0.07 per share for the second quarter, third quarter and fourth quarter of 2018, payable on April 20, 2018, July 20, 2018 and October 19, 2018 respectively to the recorded shareholders on March 31, 2018, June 30, 2018 and September 30, 2018 respectively.

The company has begun certain strategic cooperation with Kaisa Group Holdings Ltd. ("Kaisa"), including hiring a number of engineers and real estate professionals from Kaisa to join the Company as officers and employees, as well as appointing one of Kaisa's founders, Mr. Ying Chi Kwok, as an executive director. Effective February 1, 2018, the Company will also promote Mr. Ying Chi Kwok as CEO and Ms. Yu Zhang as CFO. Mr. M.K. Koo will remain as Chairman of the Board and Mr. Julian Lin will remain as President and General Counsel.