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Taiwan-based Apple supplier challenged by investor over $4 billion cash pile

Catcher Technology Co Ltd, an Apple supplier based in Taiwan, is being challenged by a Hong Kong-based investment firm Argyle Street Management to improve its governance and return some of its $4.2 billion of net cash to shareholders, the Financial Times reported on Saturday citing people familiar with discussions.

Argyle holds about 1% of Catcher’s shares, reported. Reuters

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