ISS recommends shareholders vote for incumbent Eastplats board

June 21, 2016

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Independent proxy advisory firm Institutional Shareholder Services (ISS) has recommended that shareholders vote to keep the incumbent Eastern Platinum (Eastplats) board as a heated proxy contest comes to a head.
Hong Kong-based company Ka An Development, which had acquired a 13.79% stake in Eastplats in May, intended to nominate six new directors to replace the incumbent board members at a shareholder meeting in July.

Category: General