Asia Pacific Wire & Cable Corporation Limited announced on August 29, 2025, its plans for a proposed rights offering to shareholders, filing a Registration Statement on Form F-1 with the SEC. The offering aims to raise approximately $34.2 million in gross proceeds.
The net proceeds from this capital raise are primarily earmarked for investments in new production facilities. These investments are intended to capitalize on the global supply chain re-alignment and potentially facilitate market entry into new geographies, including Asia and North America.
The rights offering will distribute non-transferable subscription rights, allowing shareholders to purchase additional common shares at a subscription price of $1.66 per share. The company's controlling shareholder, Pacific Electric Wire & Cable Co., Ltd. (PEWC), has indicated its intent to participate with a cash investment of at least approximately $27.7 million.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.