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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 compensation over the past 15 years has been only one-sixteenth of the legal maximum.