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Energy World Corporation Ltd ( (AU:EWC) ) just unveiled an update.
Energy World Corporation Ltd has undergone significant restructuring, highlighted by the completion of the sale of its participating interest in Sengkang PSC and the restructuring of EWI and Slipform loans. These changes prompted shifts in board membership, including the retirement of Mr. KP Wong and the appointments of Alan Jowell and Sean Gardiner as non-executive directors. Additionally, the company established an Investment Committee to strategize and oversee the monetization of existing projects. Key expenditures for the quarter included debt settlements, legal fees, and costs associated with maintaining project sites across multiple countries.
More about Energy World Corporation Ltd
Energy World Corporation Ltd operates in the energy sector, focusing on the development and management of energy projects. The company primarily engages in activities related to natural gas and electricity generation, with a market focus on regions such as Australia, the Philippines, and Indonesia.
YTD Price Performance: 40.0%
Average Trading Volume: 402
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $38.56M
See more data about EWC stock on TipRanks’ Stock Analysis page.