EWC 0.00% 0.9¢ energy world corporation ltd

Ann: EWI Converts its US$25M Note into Ordinary Shares, page-9

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    By doing this they increase their shareholding from 37% to 39%. Shoring up the shareholding usually happens when majority stakeholders get nervous especially when price stays depressed leading to the possibility of a takeover. Given the strategic assets and huge potential they have.
 
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