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Asia Pacific Wire and Cable (APWC) approached by LONSIN Capital

  • March 1, 2018


StockAsia Pacific Wire and CableSymbolAPWC
Date Announced03/01/2018Source Press Release
TypeUnsolicited BidAcquiring Company/Person LONSIN Capital Limited

LONSIN Capital Limited, together with its affiliates, representing over 5% of the shares outstanding of Asia Pacific Wire and Cable (APWC) on February 23, 2018 wrote to the Board of Directors of the Company and to the Board of Directors of the main Shareholder Pacific Electric Wire and Cable Co. the intention of interest to acquire a majority of APWC US at US$4.00 per share

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