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Basis of Preparation (Tables) | 12 Months Ended
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Dec. 31, 2020
Disclosure Of Basis Of Preparation Of Financial Statements [Abstract] |
Subsidiaries of the Company | The subsidiaries of the Company are set out below:
|  | Percentage of equity interest |
Place of incorporation and operations |  | 2020 |  |  | 2019 |
The British Virgin Islands |  |  |  |  |  |  |  |
APWC General Holdings Limited |  |  | 100 | % |  |  | 100 | %
PRC (APWC) Holding Ltd. |  |  | 100 | % |  |  | 100 | %
Samray Inc. |  |  | 100 | % |  |  | 100 | %
Siam (APWC) Holdings Ltd. |  |  | 100 | % |  |  | 100 | %
Moon View Ltd. |  |  | 100 | % |  |  | 100 | %
Trigent Investment Holdings Limited |  |  | 100 | % |  |  | 100 | %
Crown Century Holdings Ltd. |  |  | 100 | % |  |  | 100 | %
Singapore |  |  |  |  |  |  |  |
Sigma Cable Company (Private) Limited (“Sigma Cable”) |  |  | 98.30 | % |  |  | 98.30 | %
Epan Industries Pte Ltd. |  |  | 98.30 | % |  |  | 98.30 | %
Singvale Pte Ltd. |  |  | 100 | % |  |  | 100 | %
The People’s Republic of China (“PRC”) |  |  |  |  |  |  |  |
Ningbo Pacific Cable Co., Ltd. (“Ningbo Pacific”) |  |  | 97.93 | % |  |  | 97.93 | %
Shanghai Yayang Electric Co., Ltd. (“SYE”) |  |  | 68.75 | % |  |  | 68.75 | %
Pacific Electric Wire & Cable (Shenzhen) Co., Ltd. (“PEWS”) |  |  | 97.93 | % |  |  | 97.93 | %
Hong Kong |  |  |  |  |  |  |  |
Crown Century Holdings Limited (“CCH (HK)”) |  |  | 97.93 | % |  |  | 97.93 | %
Australia |  |  |  |  |  |  |  |
Australia Pacific Electric Cable Pty Limited (“APEC”) |  |  | 98.06 | % |  |  | 98.06 | %
Thailand |  |  |  |  |  |  |  |
Charoong Thai Wire and Cable Public Company Limited (“Charoong Thai”) (i) |  |  | 50.93 | % |  |  | 50.93 | %
Siam Pacific Electric Wire & Cable Company Limited (“Siam Pacific”) |  |  | 50.93 | % |  |  | 50.93 | %
Double D Cable Company Limited (“Double D”) |  |  | 50.93 | % |  |  | 50.93 | %
Hard Lek Limited. |  |  | 73.98 | % |  |  | 73.98 | %
APWC (Thailand) Co., Ltd. |  |  | 99.48 | % |  |  | 99.48 | %
PEWC (Thailand) Co., Ltd. |  |  | 99.48 | % |  |  | 99.48 | %
CTW Beta Co., Ltd. |  |  | 50.89 | % |  |  | 50.89 | %
Siam Fiber Optics Co., Ltd. (“SFO”) (ii) |  |  | 45.84 | % |  |  | 45.84 | %
Taiwan |  |  |  |  |  |  |  |
Asia Pacific New Energy Corporation Limited ("APNEC") (iii) |  |  | 100.00 | % |  |  | 100.00 | %
YASHIN Energy Corporation Limited ("YASHIN") (iii) |  |  | 100.00 | % |  |  | 100.00 | %
YADING Energy Corporation Limited ("YADING") (iii) |  |  | 100.00 | % |  |  | 100.00 | %
2. | BASIS OF PREPARATION (continued)
| 2.2 | Basis of consolidation (continued)
| (i) | Charoong Thai is listed on the Stock Exchange of Thailand and is engaged in the manufacturing of wire and cable products for the power and telecommunications industries in Thailand.
| (ii) | The directors have concluded that the Company controls SFO, even though it holds less than half of the voting rights of this subsidiary. This is because the Company is the largest shareholder with a 50.93% equity interest in Charoong Thai, which held a 90% equity interest of SFO.
On October 30, 2019, Charoong Thai acquired additional 30% interest in SFO for a total consideration of THB 9 million, thereby increasing the Company’s interest in SFO from 30.56% to 45.84%. The Company recorded the effect of change in shareholding of the subsidiaries, amounting to $40 under the caption of “Additional paid-in capital” in the consolidated statement of change in equity.

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