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]

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 August 29, 2025 Registration No. 333-XXXXX FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) 15/Fl. B, No. 77, Sec. 2 Dunhua South Road Taipei, 106, Taiwan Republic of China Tel: +886-2-2712-2558 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ASIA PACIFIC WIRE & CABLE CORPORATION LIMITED (Exact ...