In the current environment surrounding U.S.-listed China companies, the Company would like to emphasize APWC's more than 40-year history as a stable, multinational company serving Singapore, Thailand, and other countries in Southeast Asia and demonstrating solid business performance and financial results. The Company recently completed its annual audit by the leading global firm, Ernst & Young, and has filed its annual report on form 20-F ahead of the June 30 deadline. APWC as a company and as a brand enjoys a good reputation with its customers and operates from an extremely sound financial position with strong auditing procedures and internal controls and close adherence to SEC and other regulations. The Company recently improved its corporate governance by appointing a highly qualified independent director, who serves on the Company's Audit Committee, in addition to improving its standing with investors through its upgrade to the NASDAQ Capital Market exchange.
Asia Pacific Wire & Cable Corporation today announced that its common stock has been approved for listing on the NASDAQ Capital Market. The shares are scheduled to trade on the NASDAQ Capital Market under the ticker symbol APWC and the Company understands that trading will commence in the coming days.