The initial calls for a meeting came from shareholders holding a combined 32% of Hollysys shares. The group's size has grown since then, and now holders of about 46% of the company's shares want such a meeting, the Recco consortium said in a statement on Monday, urging Hollysys to "move forward with a transparent and genuine sale process." Ascendent is also asking Hollysys to hold a meeting by Dec. 1, while the Recco group is pressing for the creation of an independent board elected by shareholders.