EWI holds a debt facility over EWC that is supposed to protect EWC from external takeover but is a liability to EWC in favour of EWI which SE owns.
EWC has a pipe dream income stream without a business plan.
Even PLN states since the non-renewal of the Sengkang PPA there is no longer any B2B business plan between PTES and PLN so back to the drawing board on that one.
How many operable business plans does EWC possess and what proportion of the asset valuation do they employ ?
Are sky pies or contracts on the menu at the AGM ?
EWC Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
