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Aug 6 (Reuters) – Taiwan-based Apple ( AAPL.O ) supplier Catcher Technology Co Ltd ( 2474.TW ) is being asked by Hong Kong-based investment firm Argyle Street Management to improve its governance and return some The $4.2 billion in net cash to shareholders, the Financial Times mentionted on Saturday citing people familiar with the discussions.
Argyle owns about 1% of Catcher’s shares, the FT report added.
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Reported by Akanksha Khushi in Bengaluru. Editor: Lisa Shumaker
Our Standards: The Thomson Reuters Trust Principles.
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