Asia Pacific Wire and Cable Corporation Appoints Ivan Hsia as New Chief Financial Officer

Asia Pacific Wire and Cable Corporation Appoints Ivan Hsia as New Chief
Financial Officer

TAIPEI, Taiwan, July 30, 2013 (GLOBE NEWSWIRE) -- Asia Pacific Wire & Cable
Corporation Limited (Nasdaq: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 Mr.
Ivan Hsia has been appointed as the Company's new Chief Financial Officer
effective August 1, 2013.

Mr. Hsia will replace Mr. Frank Tseng, who is stepping down from his position
as CFO of APWC for personal reasons. The Company notes that Mr. Tseng resigned
amicably and has no disagreements with the Company on financial reporting or
other financial or business issues. The Company values the significant
contributions made by Mr. Tseng during his tenure and notes that Mr. Tseng
will also assist the Company during a transition period.

Mr. Ivan Hsia joined the Company in 2011 and served APWC initially as Senior
Manager of APWC's internal audit group, prior to being appointed Deputy CFO of
the Company. As Deputy CFO, Mr. Hsia has taken the lead on the Company's
conversion from U.S. GAAP to IFRS, performed various CFO functions, and
reported to Mr. Frank Tseng and Mr. Chun-Tang Yuan, CEO of APWC on special
projects assigned to him. Mr. Hsia is a Certified Public Accountant in
California, USA; he is also a Certified Internal Auditor and Certified
Information System Auditor. Ivan Hsia previously held the position of Auditing
Director in in Los Angeles. Prior to that, he served as an Audit
Manager at PricewaterhouseCoopers in Taipei. Mr. Hsia holds a Master's degree
in business administration in accounting from TamKang University, Taiwan.

"On behalf of our Board of Directors and management team, we want to sincerely
thank Frank Tseng for his years of service as our CFO," states Chun-Tang Yuan,
CEO of APWC. "Frank was the essential team member whose efforts contributed
significantly to our Company's listing on Nasdaq in 2011 and our company's
elevation to Nasdaq's Global Markets tier in March of this year. We are
equally confident in Ivan Hsia's professional knowledge and extensive
experience in financial reporting and corporate governance. At our Company, we
feel that Ivan will continue to drive operational improvement, maintain our
strong corporate governance and increase our investor outreach in his new role
as CFO of the Company," Mr. Yuan concluded.

Mr. Hsia is based at the Company's headquarters in Taipei, Taiwan. 

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. For more information on the Company, visit Information on the Company's Web site or any other Web
site does not constitute a portion of this release.

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", "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 ( 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.

CONTACT: Company Contact:
         Asia Pacific Wire & Cable Corporation Limited
         Mr. Ivan Hsia, CFO
         Phone: +886-2-2712-2558 ext. 27
         Investor Relations Contact:
         MZ North America
         John Mattio, SVP
         Tel: +1-212-301-7130
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