TAIPEI, Taiwan, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Asia Pacific Wire & Cable Corporation Limited (“APWC” or “Company”) (NASDAQ: APWC) today announced the successful completion and final results of its rights offering, as described in the rights offering prospectus filed December 18, 2025 with the Securities and Exchange Commission ("Rights Offering"). Of the 20,616,227 maximum issuable shares, shareholders exercising their basic and over-subscription rights acquired 18,165,738 Common Shares and the remaining ...

Company Overview - As of February 11, 2026, Asia Pacific Wire & Cable (APWC.US) has a stock price of $1.68 and a price-to-earnings ratio (TTM) of 12.60, with a total market capitalization of approximately $34.6353 million [1] - Recent trading activity has shown volatility, with a significant increase in trading volume of 1080.04% on January 9, 2026, although overall trading scale remains small, indicating weak liquidity [1] - The latest financial report was disclosed on January 28, 2026, but specific financial data changes were not made public; historical data shows that in 2025, the company reported revenue of $12.8 million and a net profit of $1.06 million [1] Industry Policy and Environment - The wire and cable industry has been significantly impacted by changes in the supply and demand dynamics of fiber optic cables; G.652.D fiber prices have been rising since December 2025, with some channel prices exceeding 50 yuan per core kilometer in early 2026, primarily due to increased demand from data centers leading to structural adjustments in capacity [2] - This trend may indirectly affect the company's communication cable business, although it is important to note that APWC's main products include power cables and enameled wires, with an unspecified proportion of revenue coming from communication cables [2] - On February 10, 2026, Guangdong Telecom suspended its optical cable centralized procurement project, highlighting the ongoing negotiation dynamics between operators and manufacturers amid price discrepancies, which may increase short-term volatility in the industry [2] Future Development - The company has not yet announced the schedule for its first-quarter 2026 financial report, but based on historical patterns, the next report may be released around April 2026; attention should be paid to whether profitability can continue the positive growth trend seen in 2025's net profit [3] - Industry policies and demand factors, such as the acceleration of Southeast Asia's power interconnection projects and the expansion of AI data center construction, may drive demand for high-voltage cables and specialty cables, although the company's order disclosures are limited, necessitating observation of its market participation [3] - The company's stock price has remained low for an extended period, and its small market capitalization makes it susceptible to large transactions or market sentiment fluctuations [3]

Core Viewpoint - Asia Pacific Wire & Cable Corporation Limited (APWC) successfully completed a rights offering, raising approximately $30.2 million through the exercise of 18,165,738 Rights for 20,616,227 Rights Shares, representing about 88.11% of the offered shares [2][5]. Group 1: Rights Offering Details - The Subscription Period for the rights offering began on December 18, 2025, and ended on January 23, 2026 [2]. - A total of 2,450,489 Rights Shares, approximately 11.89% of the offered shares, remain unsubscribed and will be offered to eligible investors [3]. - The Remainder Offering for the unsubscribed shares will commence immediately and continue until February 20, 2026 [4]. Group 2: Strategic Implications - The proceeds from the rights offering will fund APWC's expansion of manufacturing capacity in North America and Southeast Asia, as well as the acquisition of key products and technologies [5]. - The company aims to leverage recent trade deals between the US and Asia-Pacific partners to rebuild a resilient supply chain and manufacturing sector in the United States [5]. - APWC is positioned to benefit from increased demand in advanced electronics, components, and energy infrastructure, supported by its extensive industry experience and relationships [5]. Group 3: Company Overview - APWC is a holding company incorporated in Bermuda, with operations primarily in the manufacture and distribution of enameled wire, power cable, and telecommunications products across various Asia-Pacific markets [7]. - The company also provides project engineering services related to power cable supply, delivery, and installation, serving a diverse customer base including appliance manufacturers and electrical contracting firms [7].

Group 1 - The company, Asia Pacific Wire & Cable Corporation Limited (APWC), has announced the commencement of a rights offering to raise equity capital [1][4] - The rights offering allows shareholders to purchase additional common shares at a subscription price of $1.66 per share, with a record date of December 11, 2025 [2][3] - The offering includes a basic subscription right and an over-subscription right, enabling shareholders to buy additional shares if available [2] Group 2 - The company expects to raise approximately $33.9 million in net proceeds from the rights offering, which will be used for general working capital and corporate purposes [4] - The management believes this offering provides a fair opportunity for existing shareholders to participate in the company's growth plans, particularly in entering the North American market and investing in new products and technologies [5] - The subscription period for the rights offering starts on December 18, 2025, and ends on January 23, 2026 [3] Group 3 - Asia Pacific Wire & Cable Corporation Limited operates primarily in the manufacture and distribution of enameled wire, power cable, and telecommunications products across various Asia Pacific markets [8] - The company also provides project engineering services related to power cable supply, delivery, and installation [8] - Major customers include appliance component manufacturers, electrical contracting firms, and state-owned entities [8]

Group 1 - The core viewpoint of the article highlights the recent performance of Asia Pacific Wire & Cable (APWC), noting a 2.16% increase in stock price to $1.808 per share as of December 16, with a total market capitalization of $37.2783 million [1] - Financial data indicates that as of June 30, 2025, APWC reported total revenue of $227 million, reflecting a year-on-year growth of 6.14% [1] - The company experienced a net loss attributable to shareholders of $901,000, which represents a significant decrease of 76.67% compared to the previous year [1] Group 2 - APWC primarily engages in the manufacturing and distribution of telecommunications (copper and fiber optic), power cables, and enameled wire products in the Asia-Pacific region [1] - The company also provides engineering project services related to the supply, delivery, and installation of power cables for its customers [1]

Core Viewpoint - Asia Pacific Wire & Cable Corporation Limited (APWC) has announced a rights offering to raise equity capital, allowing existing shareholders to purchase additional common shares at a subscription price of $1.66 per share, with the aim of generating approximately $33.9 million for general working capital and corporate purposes [2][4][5]. Group 1: Rights Offering Details - The rights offering will distribute non-transferable subscription rights to shareholders as of December 11, 2025, at a ratio of one subscription right per common share [2]. - The subscription period is set to commence on December 18, 2025, and will terminate on January 23, 2026 [2]. - The offering includes a basic subscription right and an over-subscription right, allowing shareholders to purchase additional shares that remain unsubscribed [3]. Group 2: Purpose and Strategic Goals - The primary purpose of the rights offering is to raise equity capital in a cost-effective manner, providing all shareholders the opportunity to participate on a pro rata basis [4]. - The company aims to use the proceeds to support its plans to enter the North American market and invest in new products and technologies, enhancing its traditional wire and cable business [5]. Group 3: Company Overview - Asia Pacific Wire & Cable Corporation Limited is a holding company based in Bermuda, with operations primarily in the Asia Pacific region, focusing on the manufacture and distribution of enameled wire, power cable, and telecommunications products [8]. - The company serves a diverse customer base, including appliance component manufacturers, electrical contracting firms, and state-owned entities [8].

As filed with the Securities and Exchange Commission on November 26, 2025 Registration No. 333-289970 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 3 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) 15/Fl. B, No. 77, Sec. 2 Dunhua S ...

Financial Performance - Quarterly revenue was $128.4 million, up 1% from Q2 2025 and up 5% from Q3 2024[4] - Operating profit for the quarter was $3.8 million, up 19% from Q3 2024[4] - Net income was $1.1 million, down 21% from Q3 2024[4] - Gross profit margin improved to 8.7%, up from 6.8% in Q2 2025 and 7.6% in Q3 2024[10] Cash Flow and Liquidity - Cash flow from operating activities was an inflow of $11.6 million, representing a $27.0 million increase compared to the prior quarter[16] - Net cash provided by operating activities for the three months ended September 30, 2025, was $11.59 million, compared to $13.62 million for the same period in 2024, a decrease of approximately 14.9%[29] - Cash and cash equivalents at the end of the period increased to $35.27 million from $34.40 million, showing a growth of about 2.5%[29] - The company reported a net cash used in investing activities of $0.99 million for the three months ended September 30, 2025, compared to $1.41 million in 2024, a decrease of about 29.4%[29] Assets and Liabilities - As of September 30, 2025, total assets increased to $357.83 million from $339.86 million as of December 31, 2024, reflecting a growth of approximately 5.8%[26] - Current liabilities rose to $113.13 million from $108.02 million, an increase of about 4.2%[27] - Interest-bearing loans and borrowings in current liabilities increased to $39.63 million from $24.10 million, a significant rise of approximately 64.5%[27] - Trade receivables decreased to $97.37 million from $102.79 million, a decline of about 5.3%[26] Equity and Retained Earnings - Total equity attributable to equity holders of the parent increased to $163.77 million from $154.96 million, representing a rise of approximately 5.7%[27] - Retained earnings increased to $61.58 million from $61.42 million, a growth of approximately 0.3%[27] - Non-controlling interests rose to $64.97 million from $60.41 million, reflecting an increase of about 7.5%[27] Revenue by Region - Revenue from North Asia was $21.3 million, up 20% year-over-year[7] - Thailand revenue increased by 14% both year-over-year and sequentially, driven by public sector projects[8] Expenses - Total selling, general, and administrative expenses increased by 11.1% from the previous quarter, mainly due to higher R&D costs[12] Inventory - Inventory decreased by $7.0 million to $137.4 million, driven by higher public sector demand[15] Volume Metrics - Copper unit volume increased 2% from Q2 2025 and 12% from Q3 2024[2]

Core Insights - Asia Pacific Wire & Cable Corporation Limited (APWC) reported third-quarter revenue of $128.4 million, reflecting a 1% increase from the previous quarter and a 5% increase year-over-year [1][6][7] - The company experienced a 2% increase in copper unit volume from Q2 and a 12% increase from the same period last year, indicating strong demand for its products [2][3] - Despite revenue growth, net income decreased by 21% compared to the same period last year, primarily due to unfavorable foreign exchange movements in 2024 [3][11] Financial Performance - Quarterly revenue was $128.4 million, up $6.2 million (5%) year-over-year and up $1.5 million (1%) sequentially, driven mainly by new orders from public sector customers [6][8] - Gross profit for Q3 was $11.1 million, a 29% increase from Q2 and a 19% increase year-over-year, with a gross profit margin of 8.7% [3][11] - Operating profit reached $3.8 million, up 52% from Q2 and up 19% from Q3 2024 [3][7] Revenue Breakdown - North Asia revenue was $21.3 million, a 20% increase year-over-year but a 6% decrease sequentially, driven by increased sales to the electric vehicle and drone industries [5][8] - Thailand revenue increased by 14% both year-over-year and sequentially, attributed to higher order volumes from public sector projects [9] - Revenue from the Rest of the World (ROW) segment declined slightly due to decreased SDI revenue, although demand for public sector projects remains strong [10] Cost and Expenses - Total operating expenses increased by 14% from the previous quarter, mainly due to higher research and development costs related to flat wire products [12] - The company is focused on reducing working capital and inventory levels to improve cash flow [3][14] Cash Flow and Balance Sheet - Cash and cash equivalents increased to $35.3 million, driven by lower inventory levels and higher accounts payable [14] - Trade receivables decreased to $97.4 million, reflecting improved cash collections [14] - Inventory levels decreased by $7.0 million to $137.4 million, attributed to increased public sector demand [15] Market Outlook - The company remains cautious due to an uncertain macroeconomic outlook and pricing pressures from increased competition [3] - The CEO highlighted the importance of public sector projects as a reliable income source, with contracts often awarded 2 to 3 years before project commencement [3]

As filed with the Securities and Exchange Commission on October 14, 2025 Registration No. 333-289970 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO.2 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) Bermuda 3357 Not Applicable (I.R.S. ...