United States securities and exchange commission logo
June 10, 2024
Ivan Hsia
Chief Financial Officer
Asia Pacific Wire & Cable Corporation Limited
15/Fl. B, No. 77, Sec. 2
Dunhua South Road
Taipei, 106, Taiwan
Republic of China
Re: Asia Pacific Wire &
Cable Corporation Limited
Form 20-F for the
Year Ended December 31, 2023
Filed April 29,
2024
File No. 001-14542
Dear Ivan Hsia:
We have limited our review of your filing to the financial
statements and related
disclosures and have the following comment(s).
Please respond to this letter within ten business days by
providing the requested
information or advise us as soon as possible when you will respond. If
you do not believe a
comment applies to your facts and circumstances, please tell us why in
your response.
After reviewing your
response to this letter, we may have additional comments.
Form 20-F for the Year Ended December 31, 2023
Financial Statements
Notes to the Consolidated Financial Statements
27. Financial Risk Management Objectives
27(d) Capital management, page F-84
1. We refer to net debt
and gearing ratio. Please tell us whether these measures are
currently required to
be disclosed by your home country or other applicable securities
regulators. If these
measures are not currently required to be disclosed by IFRS,
Commission Rules, or
regulatory requirements, it appears that they are non-
IFRS measures as
defined by Item 10(e)(2) in Regulation S-K. Therefore, please expand
your disclosure in your
future filings to explain how it was calculated, and provide
reconciliation to the
most directly comparable IFRS measure. Refer to General
Instruction C(e) of
Form 20-F. To the extent this is not required by IFRS, please revise to
Ivan Hsia
Asia Pacific Wire & Cable Corporation Limited
June 10, 2024
Page 2
remove this apparent non-IFRS measure from your financial statement
footnotes. Refer to
Item 10(e)(1)(ii)(C) of Regulation S-K.
In closing, we remind you that the company and its management are
responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review,
comments, action or
absence of action by the staff.
Please contact Heather Clark at 202-551-3624 or Melissa Gilmore at
202-551-3777 with
any questions.
FirstName LastNameIvan Hsia Sincerely,
Comapany NameAsia Pacific Wire & Cable Corporation Limited
Division of Corporation
Finance
June 10, 2024 Page 2 Office of Manufacturing
FirstName LastName