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Energy World Corporation Ltd Focuses on Core Projects and Asset Sales

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Energy World Corporation Ltd Focuses on Core Projects and Asset Sales

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Energy World Corporation Ltd ( (AU:EWC) ) just unveiled an announcement.

Energy World Corporation Ltd’s quarterly activities statement highlights its focus on core projects in the Philippines and Indonesia, alongside efforts to sell non-core assets in Australia. The company is engaged in capital raising and debt-to-equity conversion, with substantial due diligence processes underway. Despite no significant revenue-generating activities this quarter, the company realized net proceeds from Australian property sales.

More about Energy World Corporation Ltd

Energy World Corporation Ltd is a company operating in the energy sector, focusing on projects in the Philippines and Indonesia. The company is involved in investment-bank-led capital raising and debt-to-equity conversion initiatives, while also managing non-core asset sales in Australia.

Average Trading Volume: 661,955

Technical Sentiment Signal: Buy

Current Market Cap: A$178.6M

See more insights into EWC stock on TipRanks’ Stock Analysis page.

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