London Fund Launches Asia Pacific Wire & Cable (APWC) Complaint by Activist Insights Activist Insight today reported on the following new campaign. A shareholder of NASDAQ-listed Asia Pacific Wire & Cable says it’s tired of being ignored by management and wants to know what the company is up to. That’s the message from a letter by London-based LONSIN Capital to the board of directors at APWC, sent on March 9 and seen by Activist Insight. It claims the company is trading at a discount to book value of 83%, with cash alone worth twice the stock’s current price. Profits have…
London Fund Launches Asia Pacific Wire & Cable (APWC) Complaint
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