0000948046-22-000063.txt : 20220324
0000948046-22-000063.hdr.sgml : 20220324
20220324154928
ACCESSION NUMBER: 0000948046-22-000063
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20220324
DATE AS OF CHANGE: 20220324
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: NAM TAI PROPERTY INC.
CENTRAL INDEX KEY: 0000829365
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500]
IRS NUMBER: 000000000
STATE OF INCORPORATION: D8
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-46775
FILM NUMBER: 22766401
BUSINESS ADDRESS:
STREET 1: 116 MAIN STREET
STREET 2: 2ND FLOOR
CITY: ROAD TOWN, TORTOLA
STATE: D8
ZIP: 00000
BUSINESS PHONE: 8675527490666
MAIL ADDRESS:
STREET 1: NAM TAI INDUSTRIAL ESTATE EAST,
STREET 2: 2 NAM TAI ROAD, GUSHU, XI XIANG,
CITY: BAOAN DISTRICT, SHENZHEN
STATE: F4
ZIP: 518126
FORMER COMPANY:
FORMER CONFORMED NAME: NAM TAI PROPERTY INC
DATE OF NAME CHANGE: 20140422
FORMER COMPANY:
FORMER CONFORMED NAME: NAM TAI ELECTRONICS INC
DATE OF NAME CHANGE: 19930706
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: DEUTSCHE BANK AG\
CENTRAL INDEX KEY: 0000948046
IRS NUMBER: 132944988
STATE OF INCORPORATION: 2M
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: TAUNUSANLAGE 12 D-60325
CITY: FRANKFURT AM MAIN GE
STATE: 2M
ZIP: 00000
BUSINESS PHONE: 212 250 1540
MAIL ADDRESS:
STREET 1: TAUNUSANLAGE 12 D-60325
CITY: FRANKFURT AM MAIN
STATE: 2M
ZIP: 00000
SC 13D/A
1
sc13da.txt
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 2)
Nam Tai Property Inc.
(Name of Issuer)
Common Shares, par value US$0.01 per share
(Title of Class of Securities)
G63907102
(CUSIP Number)
Deutsche Bank AG
c/o Deutsche Bank AG, Hong Kong Branch
Level 52, International Commerce Centre
1 Austin Road, West Kowloon, Hong Kong
Maria Chang/ Jessie Liu
+852 2203 8660
Cosimo Borrelli
c/o D&P China (HK) Limited (trading as Kroll)
Level 3, Three Pacific Place
1 Queens Road East, Hong Kong
+852 3761 3888
Tai Shaw Hoong
c/o D&P China (HK) Limited (trading as Kroll)
Level 3, Three Pacific Place
1 Queens Road East, Hong Kong
+852 3761 3888
Kent McParland
c/o Kroll Advisory (BVI) Limited
3rd Floor, Commerce House,
P.O. Box 3339, Road Town Tortola, British Virgin Islands
+1 284 340 2532
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
with a copy to:
DLA Piper Singapore
80 Raffles Place
UOB Plaza 1, #48-01
Singapore 048624
Attention: Timothy Tan/ David Kuo
March 23, 2022
(Date of Event Which Requires Filing of This Statement)
13DA
Page 1 of 8
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition that is the subject of this Schedule 13D,
and is filing this schedule because of 240.13d-1(e), 240.13d-1(f)
or 240.13d-1(g), check the following box.
Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See
240.13d-7 for other parties to whom copies are to be sent.
13DA
Page 2 of 8
1
NAMES OF REPORTING PERSONS
Deutsche Bank AG
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) x
(b)
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(D) OR 2(E)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Federal Republic of Germany
NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
8,403,246
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
8,403,246
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,403,246
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 21.41%
14
TYPE OF REPORTING PERSON
BK, OO
13DA
Page 3 of 8
1
NAMES OF REPORTING PERSONS
Cosimo Borrelli
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) x
(b)
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM
2(D) OR 2(E)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Australia
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
8,403,246
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
8,403,246
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,403,246
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 21.41%
14
TYPE OF REPORTING PERSON
OO
13DA
Page 4 of 8
1
NAMES OF REPORTING PERSONS
Tai Shaw Hoong
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) x
(b)
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM
2(D) OR 2(E)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Malaysia
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
8,403,246
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
8,403,246
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,403,246
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 21.41%
14
TYPE OF REPORTING PERSON
OO
13DA
Page 5 of 8
1
NAMES OF REPORTING PERSONS
Kent McParland
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) x
(b)
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM
2(D) OR 2(E)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
8,403,246
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
8,403,246
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,403,246
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 21.41%
14
TYPE OF REPORTING PERSON
OO
13DA
Page 6 of 8
The following constitutes Amendment No. 2 to the Schedule 13D filed
by the undersigned (Amendment No. 2). This Amendment No. 2 amends
the Schedule 13D as specifically set forth herein.
Item 4. Purpose of Transaction
Item 4 of the Schedule 13D is hereby amended by deleting the first
paragraph and replacing it with the following:
The Reporting Persons intend to dispose of the Pledged Shares beneficially
owned by them from time to time as they determine appropriate depending
upon market conditions, subject to compliance with applicable law, as
repayment of the outstanding loan amount and satisfaction of other
obligations under the Facility Agreement. Sales of shares of Common Stock
may be made by the Reporting Persons, at any time and from time to time,
in the open market (including, without limitation, under Rule 144), in
privately negotiated transactions or otherwise. The transactions in Common
Shares by the Reporting Persons in the last 60 days are as follows:
Nature of transaction Number of Price per
Common Shares Share
Sold
Open market sales - February 8, 2022
100,000
$9.0665
Open market sales - February 9, 2022
100,000
$9.1853
Open market sales - February 10, 2022
100,000
$9.1374
Open market sales - February 11, 2022
39,452
$9.0573
Open market sales - February 14, 2022
16,850
$9.0245
Open market sales - February 15, 2022
50,000 $8.8024
Open market sales - February 16, 2022
26,502
$8.5462
Open market sales - March 14, 2022 100,000
$6.0513
Open market sales - March 15, 2022
100,000
$6.1757
Open market sales - March 16, 2022
125,000
$6.3546
Open market sales - March 22, 2022
30,000
$6.8543
Item 5. Interest in Securities of the Issuer
Item 5 of the Schedule 13D is hereby amended by deleting the information
under (a) and (b) and replacing it with the following:
The responses of the Reporting Person to Rows (7) through (13) of the
cover pages and the information set forth in Item 2 of this Statement are
incorporated herein by reference.
DB AG and the other Reporting Persons may be deemed to beneficially own
8,403,246 Common Shares, representing approximately 21.41% of the total
outstanding Common Shares of the Issuer and 21.41% of the total voting
power.
The percentages are based on 39,258,000 Shares outstanding as of
September 30, 2021, which is the total number of Shares outstanding as
reported in the Issuers Form 6-K filed with the Securities and Exchange
Commission on November 4, 2021.
In accordance with Securities and Exchange Commission Release No. 34-395538
(January 12, 1998) (the Release), this filing reflects the Common Shares
beneficially owned by certain operating units (collectively, the DB
Reporting Units) of Deutsche Bank AG and its subsidiaries and affiliates
(collectively, the DB Group). This filing does not reflect any Common Shares,
if any, beneficially owned by any operating units of the DB Group, whose
ownership of securities is disaggregated from that of the DB Reporting Units
in accordance with the Release. The DB Reporting Units disclaim beneficial
ownership of the securities beneficially owned by (i) any client accounts
with respect to which the DB Reporting Units or their respective employees
have voting or investment discretion, or both, and (ii) certain investment
entities of which the DB Reporting Units act as the general partner,
managing general partner or other manager, to the extent interests in such
entities are held by persons other than the DB Reporting Units.
13DA
Page 7 of 8
SIGNATURES
After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this statement is
true, complete and correct.
Date: March 24, 2022
Deutsche Bank AG
By:
/s/ Michael Caro
Name: Michael Caro
Title: Vice President
/s/ Cosimo Borrelli
/s/ Tai Shaw Hoong
/s/ Kent McParland
13DA
Page 8 of 8