TAIPEI, Taiwan, March 29, 2018 (GLOBE NEWSWIRE) -- Asia Pacific Wire & Cable Corporation Limited (APWC) ("APWC" or 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 has engaged Asia Alpha Investor Relations (“AAIR”) as its new investor relations advisor.
Asia Alpha Investor Relations will assist APWC in building awareness in the capital markets and communicating its corporate, financial and investor developments to shareholders and the broader investment community. Partner and Senior Account Manager Lisa A. Gray and the AAIR team will be advising the Company in all facets of corporate and financial communications.
We believe that Asia Alpha Investor Relations will increase exposure for APWC amongst the investor community, including the broader financial markets, increase liquidity in its shares, and increase analyst coverage. AAIR will work to expand APWC’s shareholder base and its relationships with investment banks. Most importantly, Asia Alpha Investor Relations will help APWC achieve a fair value in the public marketplace.
After careful review, APWC has selected the highly experienced firm Asia Alpha Investor Relations as its investor relations partner because of the breadth and depth of the advisory and consulting services they provide. APWC is confident that the AAIR team will provide strong support in conveying the Company's business model, growth strategy, competitive advantages, and value proposition to shareholders and the investment community at large as it continues to develop wire and cable products for the Asia-Pacific region. Furthermore, AAIR’s strong relationships with retail and institutional investors across several continents will help the Company bolster its corporate brand and expand its shareholder base.
About Asia Alpha Investor Relations
The principals at Asia Alpha Investor Relations have more than 25 years of combined experience on Wall Street and Corporate Communication and Investor Relations. Headquartered in New York City, our bilingual team has represented more than 75 U.S. publicly listed, Asian based companies over the years and has created significant shareholder value for numerous public companies. We are experienced in providing capital markets advisory services and strategic communication strategies and maintain extensive relationships with the investment, analyst, and banking community in New York City and in major investment centers around the globe.
About Asia Pacific Wire & Cable Corporation
Asia Pacific Wire & Cable Corporation is principally engaged in the manufacture and distribution of telecommunications (copper and fiber optic) and power cable and enameled wire products in the Asia Pacific region, primarily in Thailand, China, Singapore and Australia. The Company manufactures and distributes its own wire and cable products and also distributes wire and cable products ("Distributed Products") manufactured by its principal shareholder, Pacific Electric Wire & Cable Company, a Taiwanese company ("PEWC"). The Company also provides project engineering services in the supply, delivery and installation ("SDI") of power cables to certain of its customers.
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" 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 anticipated, believed, estimated or expected. 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 periodic 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.