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HK hedge fund seeks US$4b payout from Kyocera

Oasis Management wants the Japanese electronics maker to sell its stake in KDDI and give half of the proceeds to shareholders


A HONG Kong hedge fund stepped up its pressure on Kyocera Corp, calling on the Japanese electronics maker to pay back more than US$4 billion to investors.

Kyocera should sell its 1.02 trillion yen (S$11.7 billion) stake in phone carrier KDDI Corp and give about half the...

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