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

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Catcher Technology, 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 US$4.2 billion of net cash to shareholders, the Financial Times reported on Saturday citing people familiar with discussions.

 

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Taiwan-based Apple supplier challenged by investor over $4 billion cash pile- FTCatcher 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 https://www.ft.com/content/cc440b45-2440-4021-9d
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »