Taiwan-based Apple supplier challenged with more than $4 billion in cash from investors, FT reports


Aug 6 (Reuters) – Taiwan-based Apple (AAPL.O) supplier Kecheng Technology Co Ltd (2474.TW) is being challenged by Hong Kong investment firm Argyle Street Management to improve its governance and return part of its stake . Its $4.2 billion in net cash to shareholders, FT report A source familiar with the matter was quoted Saturday.

The FT report added that Argyle holds about 1% of Catcher.

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Reporting by Akanksha Khushi in Bengaluru; Editing by Lisa Shoemaker

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