Taiwanese Apple supplier challenged by investor over $4 billion cash – FT

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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 in net cash to shareholders, reported the TAUT https://www.TAUT/content/cc440b45-2440-4021-9d83-e010dc9709d4 on Saturday citing people familiar with discussions.

Argyle owns about 1 percent of Catcher’s stock, the FT report added.

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