Asia Pacific Wire & Cable Raises $30.2 Million in Rights Offering to Fund Global Expansion

Asia Pac Wire &Cable ( (APWC) ) has issued an announcement.

On January 28, 2026, Asia Pacific Wire & Cable Corporation Limited reported the results of its rights offering, in which shareholders were able to subscribe for 20,616,227 new common shares during a subscription period running from December 18, 2025 to January 23, 2026. Investors exercised rights to purchase 18,165,738 shares, or about 88.11% of the shares on offer, generating gross proceeds of approximately $30.2 million, while the remaining 2,450,489 shares, representing roughly 11.89% of the offering, are now being marketed to eligible investors at a price no lower than the original subscription price in a follow-on remainder offering running through February 20, 2026. The capital raised is intended to fund expansion of APWC’s manufacturing capacity in North America and Southeast Asia and to support acquisitions of key products and technologies, moves that management positions as a strategic response to new US–Asia trade agreements and anticipated growth in demand for advanced electronics, components and energy infrastructure, with the aim of strengthening the company’s role in rebuilding resilient supply chains and supporting its long-term growth trajectory.

The most recent analyst rating on (APWC) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Asia Pac Wire &Cable stock, see the APWC Stock Forecast page.

Spark’s Take on APWC Stock

According to Spark, TipRanks’ AI Analyst, APWC is a Neutral.

The score is held back primarily by weak profitability and negative/volatile free cash flow despite strong recent revenue growth and a moderately levered balance sheet. Technical indicators also point to a soft setup (below key moving averages with negative MACD). Valuation is a modest offset with a mid-range P/E.

To see Spark’s full report on APWC stock, click here.

More about Asia Pac Wire &Cable

Asia Pacific Wire & Cable Corporation Limited is a Bermuda-incorporated holding company with principal executive offices in Taiwan, operating through subsidiaries that manufacture and distribute enameled wire, power cables and telecommunications products across Thailand, Singapore, Australia, China, Hong Kong and other Asia-Pacific markets. The company also distributes wire and cable products made by its controlling shareholder PEWC and third parties, and provides project engineering services for the supply, delivery and installation of power cables to customers including appliance component makers, electrical contractors, state-owned entities, and wire and cable dealers and factories.

Average Trading Volume: 14,320

Technical Sentiment Signal: Sell

Current Market Cap: $34.64M

Learn more about APWC stock on TipRanks’ Stock Analysis page.