Energy World Corp & Future of Sengkang Energy Assets (2)
Shares of Energy World Corporation Ltd (EWC.AX) advanced 3.45% to A$0.3 Tuesday (Feb 13) on ASX to make a market capitalization of A$539 million. While operating gas-fired power plants in South Sulawesi with combined capacity of 315 MW, EWC is valued lower than AWE Ltd, which has just been acquired by Japan’s Mitsui Inc. It is only one-third of IDX-listed Cikarang Listrindo (POWR).
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