Core Viewpoint - Asia Pacific Wire & Cable Corporation Limited has filed a Registration Statement for a proposed rights offering to raise approximately $34.2 million in equity capital, primarily for new production facilities [1][2]. Group 1: Rights Offering Details - The rights offering aims to provide all shareholders the opportunity to participate on a pro rata basis [2]. - Shareholders will receive non-transferable subscription rights at a ratio of one right per common share, allowing them to purchase additional shares at a subscription price of $1.66 each [3]. - An over-subscription right will be available, permitting rights holders to purchase additional shares that remain unsubscribed after the initial offering [4]. Group 2: Shareholder Participation - The controlling shareholder, Pacific Electric Wire & Cable Co., Ltd. (PEWC), intends to invest at least $27.7 million in the rights offering, although there is no guarantee of participation [5]. Group 3: Regulatory and Procedural Information - The rights offering will not commence until the Registration Statement is declared effective by the SEC, with further details to be provided in the final prospectus [6]. - The record date and subscription period will be announced once established [6]. Group 4: Company Overview - Asia Pacific Wire & Cable Corporation Limited is a holding company based in Bermuda, primarily engaged in manufacturing and distributing enameled wire, power cable, and telecommunications products across the Asia Pacific region [8]. - The company also provides project engineering services related to power cable supply and installation, serving various major customers including appliance manufacturers and electrical contracting firms [8].

Core Viewpoint - Asia Pacific Wire & Cable (APWC) experienced a stock price increase of 3.41% on August 19, closing at $1.825 per share, with a total market capitalization of $37.63 million [1] Financial Performance - For the fiscal year ending June 30, 2025, APWC reported total revenue of $227 million, reflecting a year-on-year growth of 6.14% [1] - The net profit attributable to shareholders was a loss of $901,000, which represents a significant decline of 76.67% compared to the previous year [1] - Basic earnings per share were reported at a loss of $0.04 [1] Business Operations - APWC primarily engages in the manufacturing and distribution of telecommunications (copper and fiber), 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 [1]

Core Insights - APWC's stock opened up by 3.06% on August 18, reaching $1.85 per share with a total market capitalization of $38.14 million [1] Financial Performance - For the fiscal year ending June 30, 2025, APWC reported total revenue of $22.7 million, reflecting a year-on-year growth of 6.14% [1] - The net profit attributable to shareholders was a loss of $0.901 million, a significant decrease of 76.67% compared to the previous year [1] - Basic earnings per share were reported at a loss of $0.04 [1] Business Overview - APWC primarily engages in the manufacturing and distribution of telecommunications (copper and fiber), 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 [1]

Core Viewpoint - Asia Pacific Wire & Cable (APWC) experienced a stock price increase of 5.26% on August 14, reaching $1.80 per share, with a total market capitalization of $37.11 million [1] Financial Performance - For the fiscal year ending December 31, 2024, APWC reported total revenue of $473 million, reflecting a year-over-year growth of 11.02% [1] - The company's net profit attributable to shareholders was $3.486 million, which represents a year-over-year decrease of 9.85% [1] Business Operations - APWC primarily engages in the manufacturing and distribution of telecommunications (copper and fiber), 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 clients [1]

[Executive Summary & Highlights](index=1&type=section&id=Executive%20Summary%20%26%20Highlights) [Q2 2025 Financial Highlights](index=1&type=section&id=Q2%202025%20Financial%20Highlights) APWC reported strong financial results for Q2 2025, with significant increases in revenue and earnings per share (EPS) both quarter-over-quarter and year-over-year. Copper unit volume also saw a sequential increase **Q2 FY2025 Key Financial Highlights:** | Metric | Q2 FY2025 | Q1 FY2025 | Q2 FY2024 | Q/Q Change | Y/Y Change | | :---------------- | :-------- | :-------- | :-------- | :--------- | :--------- | | Revenue | $126.9M | $100.6M | $113.9M | +26% | +11% | | EPS | $0.03 | $(0.07) | $(0.02) | +143% | +250% | | Copper Unit Volume | N/A | N/A | N/A | +13% | -9% | [CEO Commentary & Strategic Outlook](index=1&type=section&id=CEO%20Commentary%20%26%20Strategic%20Outlook) Chairman and CEO Yuan Chun Tang highlighted Q2 revenue growth despite trade uncertainty, attributing it to pull-forward customer orders and strong branding for public sector projects. He also outlined strategic plans, including a rights offering to invest in new production facilities (potentially in North America) and new technologies to enhance the product portfolio, expressing optimism for long-term growth - Revenue growth in Q2 was driven by pull-forward customer orders ahead of tariffs and the company's strong branding and qualifications for public sector projects[3](index=3&type=chunk) - APWC plans a rights offering to invest in new production facilities, considering sites in Asia and North America, to leverage global supply chain re-alignment and low tariff rates[3](index=3&type=chunk) - The company is investing in new technologies to enhance its product portfolio and drive future growth, maintaining optimism for long-term potential despite near-term caution[3](index=3&type=chunk) [Financial Performance Analysis (Q2 FY2025)](index=2&type=section&id=Financial%20Performance%20Analysis%20(Q2%20FY2025)) [Revenue Analysis](index=2&type=section&id=Revenue%20Analysis) APWC's Q2 FY225 revenue reached $126.9 million, marking a 26% sequential increase and an 11% year-over-year increase. On a constant currency basis, revenue grew 23% QoQ. Growth was observed across all reportable segments, with specific drivers in North Asia, Thailand, and ROW **Q2 FY2025 Revenue Performance:** | Metric | Q2 FY2025 | Q1 FY2025 | Q2 FY2024 | Q/Q Change | Y/Y Change | | :-------------------- | :-------- | :-------- | :-------- | :--------- | :--------- | | Total Revenue | $126.9M | $100.6M | $113.9M | +26% | +11% | | Constant Currency Q/Q | N/A | N/A | N/A | +23% | N/A | **Q2 FY2025 Revenue by Reportable Segments (in millions):** | Segment | Q2 FY2025 | Q1 FY2025 | Q2 FY2024 | Q/Q Change | Y/Y Change | | :-------- | :-------- | :-------- | :-------- | :--------- | :--------- | | North Asia | $22.8 | $18.9 | $19.3 | +21% | +18% | | ROW | $59.8 | $45.4 | $54.3 | +32% | +10% | | Thailand | $44.3 | $36.3 | $40.3 | +22% | +10% | | Total | $126.9 | $100.6 | $113.9 | +26% | +11% | - North Asia revenue growth was partly driven by customers pulling forward orders due to U.S. tariff deadlines and steady growth in flat wire sales from EV development[9](index=9&type=chunk) - Thailand revenue increased due to higher order volumes, foreign exchange appreciation, and changes in product mix. ROW revenue grew significantly from the completion of public sector projects and sustained high demand for new projects[10](index=10&type=chunk) [Gross Profit Analysis](index=2&type=section&id=Gross%20Profit%20Analysis) Gross profit margin for Q2 FY2025 significantly improved to 6.8%, up from 3.6% in the prior quarter and 4.3% in the same period last year. This expansion was primarily driven by a higher margin product mix, though gains were partially offset by intensified price competition and fluctuations in copper prices and exchange rates **Q2 FY2025 Gross Profit Performance:** | Metric | Q2 FY2025 | Q1 FY2025 | Q2 FY2024 | Q/Q Change | Y/Y Change | | :---------- | :-------- | :-------- | :-------- | :--------- | :--------- | | Gross Profit | $8.6M | $3.7M | $4.9M | +132% | +76% | | Gross Margin | 6.8% | 3.6% | 4.3% | +3.2 pp | +2.5 pp | - Margin expansion was mainly driven by a **higher margin product mix**[11](index=11&type=chunk)[13](index=13&type=chunk) - Gains were partially offset by intensified price competition, fluctuations in copper prices, and exchange rates[13](index=13&type=chunk) [Operating Expenses](index=4&type=section&id=Operating%20Expenses) Total selling, general, and administrative (SG&A) expenses remained largely flat in Q2 FY2025. An increase in selling expenses was offset by decreases in other expenses **Q2 FY2025 Operating Expenses (in millions):** | Metric | Q2 FY2025 | Q1 FY2025 | Q2 FY2024 | Q/Q Change | Y/Y Change | | :------------------ | :-------- | :-------- | :-------- | :--------- | :--------- | | Operating Expenses | $6.4 | $6.4 | $6.2 | 0% | +3% | [Net Income and EPS](index=2&type=section&id=Net%20Income%20and%20EPS) APWC reported a net income of $0.6 million for Q2 FY2025, a significant turnaround from losses in the prior quarter and prior year. Basic and diluted earnings per share (EPS) were $0.03, reflecting substantial growth **Q2 FY2025 Net Income and EPS:** | Metric | Q2 FY2025 | Q1 FY2025 | Q2 FY2024 | Q/Q Change | Y/Y Change | | :---------------- | :-------- | :-------- | :-------- | :--------- | :--------- | | Net Income / (loss) | $0.6M | $(1.5)M | $(0.4)M | +140% | +250% | | EPS | $0.03 | $(0.07) | $(0.02) | +143% | +250% | [Financial Position and Cash Flow (Q2 FY2025)](index=4&type=section&id=Financial%20Position%20and%20Cash%20Flow%20(Q2%20FY2025)) [Balance Sheet Overview](index=4&type=section&id=Balance%20Sheet%20Overview) As of Q2 FY2025, cash and cash equivalents decreased due to higher supplier payments, while trade receivables increased significantly driven by customer orders. Inventory levels decreased as raw materials were utilized for deliveries **Q2 FY2025 Balance Sheet Highlights (vs. Q1 FY2025, in millions):** | Metric | Q2 FY2025 | Q1 FY2025 | Change | | :---------------------- | :-------- | :-------- | :----- | | Cash & Cash Equivalents | $35.0 | $38.3 | $(3.3) | | Trade Receivables | $97.7 | $84.7 | +$13.0 | | Inventory | $144.5 | $149.4 | $(5.0) | - Decrease in cash and cash equivalents was mainly due to increased payments to suppliers, aligning with higher sales activities[15](index=15&type=chunk) - Increase in trade receivables was primarily driven by higher customer orders and pull-forward demand[15](index=15&type=chunk) - Inventory decreased as raw material build-up was consumed for customer order deliveries[16](index=16&type=chunk) [Cash Flow Analysis](index=4&type=section&id=Cash%20Flow%20Analysis) Operating activities in Q2 FY2025 resulted in a cash outflow of $15.5 million, an increase in outflow compared to the prior quarter due to higher vendor payments. However, this outflow was lower year-over-year, benefiting from increased cash inflows from pull-forward demand and public sector purchases **Q2 FY2025 Cash Flow from Operating Activities (in millions):** | Metric | Q2 FY2025 | Q1 FY2025 | Q2 FY2024 | Q/Q Change | Y/Y Change | | :-------------------------------- | :-------- | :-------- | :-------- | :--------- | :--------- | | Net cash used in operating activities | $(15.5) | $(2.0) | $(22.9) | $(13.4) | +$7.4 | - Higher operating cash outflow QoQ was primarily driven by increased cash payments to vendors, despite stronger cash collections[17](index=17&type=chunk) - Year-over-year improvement in operating cash flow was mainly due to pull-forward demand and increased public sector purchases, leading to higher cash inflows[17](index=17&type=chunk) [Company Information](index=4&type=section&id=Company%20Information) [About APWC](index=4&type=section&id=About%20APWC) Asia Pacific Wire & Cable Corporation Limited is a Bermuda-incorporated holding company with operations across the Asia Pacific region. Through its subsidiaries, it manufactures and distributes enameled wire, power cable, and telecommunications products, also providing project engineering services. Its customer base includes appliance component manufacturers, electrical contracting firms, state-owned entities, and wire and cable dealers - APWC is a holding company operating through subsidiaries, primarily engaged in the manufacture and distribution of enameled wire, power cable, and telecommunications products[19](index=19&type=chunk) - The company's geographical presence includes Thailand, Singapore, Australia, the People's Republic of China, Hong Kong, and other Asia Pacific markets[19](index=19&type=chunk) - APWC also distributes products from its controlling shareholder and third parties, and offers project engineering services for power cable supply, delivery, and installation[19](index=19&type=chunk) [Safe Harbor Statement](index=4&type=section&id=Safe%20Harbor%20Statement) The Safe Harbor Statement advises that the release contains forward-looking statements, which are subject to known and unknown risks and uncertainties that could cause actual results to differ materially. Investors are cautioned not to place undue reliance on these statements, and the Company does not assume a duty to update them - The release contains forward-looking statements identified by terms like 'believes,' 'anticipates,' 'expects,' 'estimates,' 'intends,' 'plans,' or similar expressions[21](index=21&type=chunk) - These statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described[21](index=21&type=chunk) - Investors should not place undue reliance on forward-looking statements, and the Company does not assume a duty to update them[21](index=21&type=chunk) [Investor Relations](index=6&type=section&id=Investor%20Relations) Contact information for investor relations is provided through Pacific Holdings Group, including a phone number and email address for inquiries - Investor Relations Contact: **Paul Weber, Pacific Holdings Group, Phone: (469) 797-7191, Email: pweber@pusa.com**[22](index=22&type=chunk) [Consolidated Financial Statements (Q2 FY2025)](index=7&type=section&id=Consolidated%20Financial%20Statements%20(Q2%20FY2025)) [Consolidated Income Statements](index=7&type=section&id=Consolidated%20Income%20Statements) This section presents the unaudited consolidated income statements for the three and six months ended June 30, 2025, and 2024, providing a detailed breakdown of revenues, costs, profits, and losses **Consolidated Income Statements (in millions):** | Metric | Q2 2025 | Q2 2024 | YTD 2025 | YTD 2024 | | :---------------------------------- | :------ | :------ | :------- | :------- | | Revenue | 126.9 | 113.9 | 227.5 | 214.3 | | Cost of sales | (118.3) | (109.0) | (215.2) | (200.8) | | Gross profit | 8.6 | 4.9 | 12.3 | 13.5 | | Operating profit/(loss) | 2.5 | (0.9) | (0.3) | 1.2 | | Profit/(loss) for the period | 1.4 | (0.7) | (0.9) | (0.0) | | Basic and diluted profit per share | $0.03 | $(0.02) | $(0.04) | $(0.02) | [Consolidated Statements of Comprehensive Income](index=9&type=section&id=Consolidated%20Statements%20of%20Comprehensive%20Income) This section provides the unaudited consolidated statements of comprehensive income for the three and six months ended June 30, 2025, and 2024, detailing the profit or loss for the period and other comprehensive income/loss components, net of tax **Consolidated Statements of Comprehensive Income (in millions):** | Metric | Q2 2025 | Q2 2024 | YTD 2025 | YTD 2024 | | :------------------------------------------------ | :------ | :------ | :------- | :------- | | Profit/(loss) for the period | 1.4 | (0.7) | (0.9) | (0.0) | | Other comprehensive income/(loss) for the year, net of tax | 8.9 | 0.5 | 11.0 | (10.1) | | Total comprehensive income/(loss) for the period, net of tax | 10.2 | (0.3) | 10.1 | (10.1) | | Attributable to Equity holders of the parent | 7.0 | 0.3 | 7.1 | (7.1) | | Attributable to Non-controlling interests | 3.2 | (0.6) | 2.9 | (3.0) | [Consolidated Balance Sheets](index=10&type=section&id=Consolidated%20Balance%20Sheets) This section presents the unaudited consolidated balance sheets as of June 30, 2025, and the audited balance sheets as of December 31, 2024, detailing the company's assets, liabilities, and equity **Consolidated Balance Sheets (in millions):** | Metric | June 30, 2025 | December 31, 2024 | | :-------------------------------- | :------------ | :---------------- | | Total assets | 361.5 | 339.9 | | Total liabilities | 136.4 | 124.5 | | Total equity | 225.1 | 215.4 | | Equity attributable to parent | 162.1 | 155.0 | | Non-controlling interests | 63.0 | 60.4 | [Condensed Consolidated Statements of Cash Flows](index=14&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) This section provides the unaudited condensed consolidated statements of cash flows for the three and six months ended June 30, 2025, and 2024, categorizing cash flows from operating, investing, and financing activities **Condensed Consolidated Statements of Cash Flows (in millions):** | Metric | Q2 2025 | Q2 2024 | YTD 2025 | YTD 2024 | | :------------------------------------ | :------ | :------ | :------- | :------- | | Net cash used in operating activities | (15.5) | (22.9) | (17.5) | (10.8) | | Net cash (used in)/provided by investing activities | (0.9) | 0.1 | (3.0) | (0.8) | | Net cash provided by financing activities | 11.6 | 15.3 | 19.6 | 9.1 | | Net (decrease)/increase in cash and cash equivalents | (3.3) | (7.0) | 0.9 | (4.3) | | Cash and cash equivalents at end of period | 35.0 | 33.7 | 35.0 | 33.7 | [Supplemental Financial Information (Q1 FY2025)](index=15&type=section&id=Supplemental%20Financial%20Information%20(Q1%20FY2025)) [Q1 2025 Consolidated Income Statements](index=16&type=section&id=Q1%202025%20Consolidated%20Income%20Statements) This section provides the unaudited consolidated income statements specifically for the three months ended March 31, 2025, and 2024, offering a detailed view of the first quarter's financial performance **Q1 2025 Consolidated Income Statements (in millions):** | Metric | Q1 2025 | Q1 2024 | | :---------------------------------- | :------ | :------ | | Revenue | 100.6 | 100.4 | | Cost of sales | (96.9) | (91.8) | | Gross profit | 3.7 | 8.6 | | Operating (loss)/profit | (2.7) | 2.1 | | (Loss)/Profit for the period | (2.3) | 0.7 | | Basic and diluted profit per share | $(0.07) | $0.00 | [Q1 2025 Consolidated Statements of Comprehensive Income](index=17&type=section&id=Q1%202025%20Consolidated%20Statements%20of%20Comprehensive%20Income) This section presents the unaudited consolidated statements of comprehensive income for the three months ended March 31, 2025, and 2024, detailing the comprehensive income components for the first quarter **Q1 2025 Consolidated Statements of Comprehensive Income (in millions):** | Metric | Q1 2025 | Q1 2024 | | :------------------------------------------------ | :------ | :------ | | (Loss)/Profit for the period | (2.3) | 0.7 | | Other comprehensive income/(loss) for the year, net of tax | 2.1 | (10.5) | | Total comprehensive loss for the period, net of tax | (0.2) | (9.8) | | Attributable to Equity holders of the parent | 0.1 | (7.4) | | Attributable to Non-controlling interests | (0.3) | (2.4) | [Q1 2025 Consolidated Balance Sheets](index=18&type=section&id=Q1%202025%20Consolidated%20Balance%20Sheets) This section details the unaudited consolidated balance sheets as of March 31, 2025, and the audited balance sheets as of December 31, 2024, providing a snapshot of the company's financial position at the end of the first quarter **Q1 2025 Consolidated Balance Sheets (in millions):** | Metric | March 31, 2025 | December 31, 2024 | | :-------------------------------- | :------------- | :---------------- | | Total assets | 352.5 | 339.9 | | Total liabilities | 137.3 | 124.5 | | Total equity | 215.2 | 215.4 | | Equity attributable to parent | 155.1 | 155.0 | | Non-controlling interests | 60.1 | 60.4 | [Q1 2025 Condensed Consolidated Statements of Cash Flows](index=21&type=section&id=Q1%202025%20Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) This section outlines the unaudited condensed consolidated statements of cash flows for the three months ended March 31, 2025, and 2024, presenting the cash flow activities for the first quarter **Q1 2025 Condensed Consolidated Statements of Cash Flows (in millions):** | Metric | Q1 2025 | Q1 2024 | | :------------------------------------ | :------ | :------ | | Net cash (used in)/provided by operating activities | (2.0) | 12.1 | | Net cash used in investing activities | (2.0) | (0.9) | | Net cash provided by/(used in) financing activities | 8.0 | (6.2) | | Net increase in cash and cash equivalents | 4.2 | 2.7 | | Cash and cash equivalents at end of period | 38.3 | 40.7 |

Financial Performance - The company reported quarterly revenue of $126.9 million, representing a 26% increase from the previous quarter and an 11% increase year-over-year [1][6][7] - Earnings per share (EPS) for the quarter were $0.03, up 143% from the previous quarter and up 250% from a year ago [2][6][7] Operational Insights - Copper unit volume increased by 13% in the second quarter but decreased by 9% compared to the same period last year [2] - The gross profit margin for the second quarter was 6.8%, up from 3.6% in the previous quarter and 4.3% year-over-year, driven by a higher margin product mix [11] Market Dynamics - The company experienced revenue growth despite trade uncertainties, benefiting from customers pulling forward orders ahead of tariff implementations [3][9] - Increased competition and over-capacity in China's industrial sector have led to price pressures in some markets [3] Strategic Initiatives - The company plans to leverage low tariff rates from some manufacturing sites to enhance revenue growth [4] - A rights offering is being prepared to fund investments in new production facilities, with site selection including options in North America [5] Segment Performance - Revenue from North Asia was $22.8 million, up 21% sequentially and 18% year-over-year, driven by electric vehicle development and order pull-forward [9] - Thailand's revenue increased by 10% year-over-year and 22% sequentially, attributed to higher order volumes and foreign exchange appreciation [10] Balance Sheet and Cash Flow - Cash and cash equivalents were $35.0 million, a decrease of $3.3 million from the previous quarter due to increased supplier payments [13] - Trade receivables increased by $13.0 million to $97.7 million, reflecting higher customer orders [13]

Core Viewpoint - Asia Pacific Wire & Cable (APWC) experienced a stock price increase of 3.51% on August 5, reaching $1.77 per share, with a total market capitalization of $36.49 million [1] Financial Performance - For the fiscal year ending December 31, 2024, APWC reported total revenue of $473 million, reflecting a year-over-year growth of 11.02% [1] - The company's net profit attributable to shareholders was $3.486 million, which represents a year-over-year decrease of 9.85% [1] Business Operations - APWC primarily engages in the manufacturing and distribution of telecommunications (copper and fiber), 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 clients [1]

Core Viewpoint - Asia Pacific Wire & Cable (APWC) has shown a positive stock performance with a 2.91% increase, reflecting investor interest despite a decline in net profit [1] Financial Performance - As of December 31, 2024, APWC reported total revenue of $473 million, representing a year-on-year growth of 11.02% [1] - The company's net profit attributable to shareholders was $3.486 million, which is a decrease of 9.85% compared to the previous year [1] Business Operations - APWC primarily engages in the manufacturing and distribution of telecommunications (copper and fiber), 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 will hold its 2025 Annual General Meeting for shareholders on September 9, 2025, in Plano, Texas, to discuss various corporate matters and vote on key issues [1][2]. Meeting Details - The meeting will take place at 9:00 am CDT or 10:00 am EDT at the office of Pacific Holdings Group [1]. - Shareholders of record as of July 31, 2025, are entitled to vote, with one vote per share [3]. - Shareholders unable to attend in person can participate via conference call [4]. Agenda Items - Approval of the record from the last Annual General Meeting held on July 15, 2024 [7]. - Approval of the minimum and maximum number of directorships, set at two and seven respectively [7]. - Election of up to seven directors [7]. - Approval of director compensation [7]. - Ratification of PricewaterhouseCoopers Taiwan as the independent auditor for the 2025 fiscal year [7]. - Authorization for the Board of Directors to determine the remuneration of the independent auditors [7]. - Approval of a reverse stock split of the Common Shares [7]. - Presentation of recent financial results and investor presentation [7]. - Consideration of other matters as may be appropriately brought before the shareholders [7]. Company Overview - Asia Pacific Wire & Cable Corporation Limited is a holding company incorporated in Bermuda, with its principal executive offices in Taiwan [5]. - The company manufactures and distributes enameled wire, power cable, and telecommunications products across several Asia-Pacific markets, including Thailand, Singapore, Australia, and China [5]. - Major customers include appliance component manufacturers, electrical contracting firms, state-owned entities, and wire and cable dealers [5].

Core Viewpoint - Asia Pacific Wire & Cable Corporation Limited (APWC) announced the appointment of Ben Lee as Chief Financial Officer (CFO) effective May 12, 2025, highlighting his extensive experience in global finance and corporate management [1][2]. Group 1: Appointment Details - Ben Lee will join APWC as CFO, bringing a wealth of experience in financial management, reporting, and strategic planning [1]. - Lee previously served as CFO of O'Neil Global Advisors and held VP Finance roles at Yum! Brands in Shanghai and Canadian Solar, Inc. in Ontario, Canada [2]. Group 2: Educational Background - Ben Lee holds a Bachelor of Arts in Economics and a Diploma in Accounting from The University of British Columbia [3]. - He is a Certified Public Accountant and a Chartered Global Management Accountant, indicating a strong professional qualification in finance [3]. Group 3: Executive Team Perspective - CEO Yuan Chun Tang expressed optimism about Lee's addition to the executive team, emphasizing the value of his corporate finance and international business experience amid changing global trade dynamics [2].