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

– Catcher Know-how Co Ltd, an Apple provider primarily based in Taiwan, is being challenged by a Hong Kong-based funding agency Argyle Road Administration to enhance its governance and return a few of its $4.2 billion of internet money to shareholders, the Monetary Occasions reported https://www.ft.com/content material/cc440b45-2440-4021-9d83-e010dc9709d4 on Saturday citing individuals aware of discussions.

Argyle holds about 1% of Catcher’s shares, the FT report added.

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