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Energy World Corporation Ltd (ASX:EWC)

ALERT: Price-sensitive ASX Announcement for EWC
Current share price for EWC : $0.059 0.026 (78.79%)+
Release
9 Mar 2026 3:32PM
Price at Release
$0.033
Full Release
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Summary
Energy World Corporation Ltd (EWC) has appointed Alan Jowell as Executive Chairman to lead the company's next phase of strategic review and project development. This appointment is part of a broader strategic initiative to enhance executive leadership and explore various opportunities including asset sales, strategic partnerships, and leveraging existing infrastructure. The company's core focus remains on the Pagbilao LNG and Power Project in the Philippines, but the board is open to alternative value pathways. The company has also accepted the resignation of its CFO, Joseph Meyer, and made changes to its Audit Committee. The strategic review and potential asset transactions will be further advised by a new investment bank mandate.
Key Points
  • Alan Jowell appointed as Executive Chairman.
  • Focus on Pagbilao LNG and Power Project.
  • Exploration of asset sales and strategic partnerships.
  • Resignation of CFO Joseph Meyer.
  • Changes in the Audit Committee.
  • New investment bank mandate for asset transactions.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.