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Foreign Investors Vasanta Master Fund and Pagoda Push for Governance Reform at Catcher Technology

Ahead of Catcher Technology’s Annual General Meeting on May 27, 2025, two foreign institutional shareholders—Vasanta Master Fund from Singapore and Pagoda from Hong Kong—have put forward nominees to contest four out of the seven available board positions.
Their multi-year campaign seeks to improve board oversight, capital allocation, and shareholder rights amid increased scrutiny after asset sales and insider trading investigations involving the chairman.
In 2024, the investors submitted a shareholder proposal supported by ISS and Glass Lewis to let shareholders propose cash dividends, but it failed with 30.37% of votes.
The funds are currently being examined by Taiwan’s Financial Supervisory Commission regarding investor disclosure and ownership, although they assert full compliance with relevant regulations and disclosure standards. Meanwhile, proxy advisory firms are anticipated to play a significant role in influencing the voting results.
The upcoming AGM may mark growing foreign institutional investor involvement and shareholder activism influencing governance reforms at the Taiwanese electronics casing maker.

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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…

13 hours ago

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