EoW November 2010

corporatenews

Contracts for Thai subsidiary

New additions at Windak

Thailand totalling THB 258 million (approximately $8 million) over approximately 14 months Siam Fiber Optics Co Ltd is 60% owned by Charoong Thai Wire and Cable Co, and the latter is 51% directly or indirectly owned by APWC. The other three non-controlling interest parties own the remaining 40% of Siam Fiber Optics Co Ltd. Asia Pacific Wire and Cable Corporation is pleased by the strong demand for the telecommunications products in Thailand, viewing the contracts as representative of stable growth in the telecommuni- cations cable business. The company anticipates continued strong demand for wire and cable, together with the expansion of telecommunications and electrical infrastructure in the growing Asia-Pacific region. Asia PacificWire & Cable Corporation Ltd – Taiwan Website : www.apwcc.com Siam Fiber Optics Co Ltd – Thailand Website : www.sfo.co.th

Asia Pacific Wire & Cable Corporation Ltd (APWC), manufacturer of wire and cable products for the telecommunications and electric power industries in Asia-Pacific markets, has announced that its subsidiary, Siam Fiber Optics Co Ltd, has signed several major contracts to a total value of Baht 592 million (approximately $18.4 million). A contract with Marubeni Thailand Co Ltd to deliver 5,650km of fibre-optic cable over a seven-month period A THB 121 million ($3.8 million) 2,794km of fibre-optic cable to TOT Public Company Limited, a state-owned telecommunications company. The contract commenced inMay 2010 and was expected to run for four months Industry Co Ltd to provide 4,130km ADSS and 4,324km dropwires of fibre-optic cables in an effort to link the telecommunication network for all the domestic universities in contract to deliver Two contracts from Thai Transmission • • • The contracts include:

Windak has made three new appoint- ments for its Swedish and Estonian offices. Pär Wallmark will be based in Sweden, working on sales and project management in the EMEA area. Margo Paakspuu will be working as a mechanical designer in the Estonian office. He has five years’ experience in mechanical design and production technology, and a Masters degree in engineering science specialising in product development. Dmitri Gomon will be quality assurance manager at Windak’s production plant in Estonia. Dmitri has four years’ experi- ence in mechanical design, product development and manufacturing, with a Masters degree in engineering science specialising in material science.

Windak AB – Sweden Fax : +46 858 03 8955 Email : info@windak.se Website : www.windak.se

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EuroWire – November 2010