Asia Pacific Wire & Cable Corporation Limited to Host 2025 Annual Shareholders Meeting on September 09, 2025

Rhea-AI Summary

Asia Pacific Wire & Cable (NASDAQ: APWC), a leading manufacturer of wire and cable products in Asia-Pacific, has announced its 2025 Annual General Meeting scheduled for September 09, 2025 at 9:00 am CDT in Plano, Texas.

The meeting agenda includes key items such as approving the previous meeting's record, setting directorship numbers, electing up to seven directors, determining director compensation, ratifying PricewaterhouseCoopers Taiwan as auditor, and notably, approving a reverse stock split of Common Shares. Shareholders of record as of July 31, 2025 will be entitled to vote, with options to attend in person or participate via conference call.

TAIPEI, Taiwan, July 24, 2025 (GLOBE NEWSWIRE) -- Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) (the "Company"), a leading manufacturer of wire and cable products for the telecommunications and electric-power industries in the Asia-Pacific region, today announced that the Company will host its 2025 Annual General Meeting for shareholders (the "Meeting") at the office of Pacific Holdings Group located at 2901 Dallas Parkway, Suite 360, Plano, Texas 75093 on Tuesday, September 09, 2025 at 9:00 am CDT, or 10:00 am EDT.

The Meeting is being held for the purposes below, and additional information, including the agenda of all matters being put to a vote of shareholders, will be provided in the Notice of Meeting and Proxy Statement (the "Notice and Proxy") that will be provided to shareholders. As of the date hereof, the agenda is intended to include for voting by shareholders the matters set forth below. The Company reserves the right to finalize the meeting agenda at its discretion.

1. To approve the written record of the last Annual General Meeting of Shareholders of the Company held on July 15, 2024;
2. To approve the minimum number of directorships at two (2) and the maximum number of directorships at seven (7);
3. To elect up to seven (7) directors;
4. To approve the compensation to be paid to each of the directors;
5. To ratify the appointment of PricewaterhouseCoopers Taiwan as the independent auditor of the Company for the 2025 fiscal year, and to authorize the Board of Directors of the Company acting through its Audit Committee to determine the remuneration of the independent auditors for the 2025 fiscal year;
6. To approve a reverse stock split of the Common Shares;
7. To present before the Meeting the recent financial results of the Company and investor presentation; and
8. To consider such other matters as may be appropriately brought before the shareholders.

The record date for shareholders entitled to receive notice and vote at the Meeting is July 31, 2025. All shareholders of record as of the close of business on the record date shall be entitled to one vote per share on all matters put to shareholders at the Meeting, as shall be more fully described in the Notice and Proxy that will be provided to shareholders of record.

Shareholders not able to attend the Meeting in person will be invited to participate by conference telephone by dialing into the Meeting on one of the conference call-in numbers that will be provided in the Notice and Proxy. In order to vote, shareholders must attend the meeting in person or vote by proxy. The Company’s proxy statement will be furnished in advance of the Meeting to shareholders of record as of the record date.

About Asia Pacific Wire & Cable Corporation Limited

Asia Pacific Wire & Cable Corporation Limited is a holding company incorporated in Bermuda with principal executive offices in Taiwan that operates its business through operating subsidiaries. Through its subsidiaries, the Company is principally engaged in the manufacture and distribution of enameled wire, power cable, and telecommunications products in Thailand, Singapore, Australia, the People’s Republic of China, Hong Kong and certain other markets in the Asia Pacific region. The Company also engages in the distribution of certain wire and cable products manufactured by its controlling shareholder, Pacific Electric Wire & Cable Co., Ltd., and certain third parties. The Company also provides project engineering services in the supply, delivery and installation of power cable. The Company’s major customers include appliance component manufacturers, electrical contracting firms, state owned entities, and wire and cable dealers and factories.

Safe Harbor Statement

This release contains certain “forward-looking statements” relating to the Company, its business, and its subsidiary companies. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes”, “anticipates”, “expects”, “estimates”, “intends”, “plans” or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as believed, anticipated, expected, estimated, intended or planned. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.

Investor Relations Contact:
Pacific Holdings Group
2901 Dallas Parkway, Suite 360
Plano, TX 75093
Attn: Paul Weber
Phone: (469) 797-7191
Email: pweber@pusa.com

FAQ

When and where is APWC's 2025 Annual Shareholders Meeting?

Asia Pacific Wire & Cable's Annual Meeting will be held on September 09, 2025 at 9:00 am CDT at Pacific Holdings Group office in Plano, Texas.

What are the key agenda items for APWC's 2025 Annual Meeting?

Key items include electing up to seven directors, ratifying PricewaterhouseCoopers Taiwan as auditor, approving director compensation, and voting on a reverse stock split of Common Shares.

What is the record date for APWC's 2025 Annual Meeting?

The record date is July 31, 2025. Shareholders of record as of this date will be entitled to vote at the meeting.

How can shareholders participate in APWC's 2025 Annual Meeting?

Shareholders can attend in person at the Plano, Texas location or participate remotely via conference call. Voting requires either personal attendance or voting by proxy.