Advertisement
Singapore markets open in 8 hours 12 minutes

  • Straits Times Index

    3,332.80
    -10.55 (-0.32%)
     

  • S&P 500

    5,460.48
    -22.39 (-0.41%)
     

  • Dow

    39,118.86
    -45.20 (-0.12%)
     

  • Nasdaq

    17,732.60
    -126.08 (-0.71%)
     

  • Bitcoin USD

    61,546.91
    +666.65 (+1.10%)
     

  • CMC Crypto 200

    1,276.54
    -7.29 (-0.57%)
     

  • FTSE 100

    8,164.12
    -15.56 (-0.19%)
     

  • Gold

    2,336.90
    +0.30 (+0.01%)
     

  • Crude Oil

    81.46
    -0.28 (-0.34%)
     

  • 10-Yr Bond

    4.3430
    +0.0550 (+1.28%)
     

  • Nikkei

    39,583.08
    +241.54 (+0.61%)
     

  • Hang Seng

    17,718.61
    +2.14 (+0.01%)
     

  • FTSE Bursa Malaysia

    1,590.09
    +5.15 (+0.32%)
     

  • Jakarta Composite Index

    7,063.58
    +95.63 (+1.37%)
     

  • PSE Index

    6,411.91
    +21.33 (+0.33%)
     

Proxy adviser ISS backs SilverBow nominees in Kimmeridge board fight

Reuters
·1-min read

May 9 (Reuters) - Proxy adviser Institutional Shareholder Services on Thursday recommended shareholders of SilverBow Resources vote for the company's board nominees, and withhold support for directors backed by activist investment firm Kimmeridge Energy Management.

Earlier on Thursday, fellow proxy adviser Glass Lewis also recommended SilverBow shareholders vote in the company's board selections.

Kimmeridge, the largest shareholder in SilverBow, is aiming to seat three new independent directors at the oil and gas producer's annual shareholder meeting on May 21, charging the company needs to revamp its governance and improve performance.

(Reporting by Svea Herbst-Bayliss and David French in New York)