US EditionForeign Investors Vasanta Master Fund and Pagoda Push for Governance Reform at Catcher Technology
- On May 27, 2025, ahead of Catcher Technology's Annual General Meeting in Taiwan, foreign investors Vasanta Master Fund and Pagoda put forward nominees to contest four out of the seven available board positions.
- This nomination is the result of several years of efforts by the funds to enhance board governance, optimize capital allocation methods, and strengthen shareholder rights at Catcher Technology.
- The company has faced increased scrutiny due to asset sales and investigations involving its chairman and family, amid rising shareholder activism on governance.
- In 2024, investors submitted a shareholder proposal to enable cash dividend proposals, which garnered 30.37% shareholder support but did not pass, with ISS and Glass Lewis backing it.
- The upcoming AGM may underscore the rising role of foreign investors in Taiwan’s corporate governance, while both Vasanta and Pagoda continue to be examined by Taiwan’s Financial Supervisory Commission.
80 Articles
80 Articles
LoudounTimes.com
Foreign Investors Vasanta Master Fund and Pagoda Push for Governance Reform at Catcher Technology
SINGAPORE, May 12, 2025 /PRNewswire/ -- As Catcher Technology's Annual General Meeting (AGM) approaches on May 27, 2025, shareholder activism continues to play a prominent role in shaping corporate governance discussions at the Taiwanese electronics casing manufacturer. Two foreign institutional…
Catcher chairman issues public statement amid board election turmoil
As Catcher Technology (Catcher) prepares for its upcoming board of directors and supervisors election, chairman Shui-Shu Hung issued a public statement on May 14 addressing concerns over interference by a small group of foreign investors claiming shareholder activism. Hung clarified key points to reassure stakeholders: Catcher is not a one-person company; the insider trading investigation remains unresolved pending judicial review; and director …
Coverage Details
Bias Distribution
- 72% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
