The ignition system is OK, dont mess with it.
For wires - ask the "parfarminss pillug shops" - kids usually would line up to have them swapped out with orange colored HT cables which have a panda or an anime girl printed on their packaging. Get their old ones.
In one instance a long time ago I bought a sack of HT cables, solenoids, switches, relays etc from the scrap yard. It had a lot of long american V8 HT cables which I cut and reused. There are 4 shops in Karachi who sell HT cable by the yard - refurb your own.
Due to the design of the cylinder head the cables NEED to be clamped into their little holders to prevent melting and arching.