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Linkers Industries Limited (NASDAQ:LNKS) (the "Company"), a manufacturer and a supplier of wire/cable harnesses with operation in Malaysia, today announced entering into a material definitive agreement.
On October 16, 2025, Linkers Asia Pacific Limited ("Linkers Asia"), a wholly owned subsidiary of Linkers Industries Limited (the "Company") entered into a Share Sale and Purchase Agreement ("SPA"), with Mr. Man Tak Lau, the chairman of the board of directors of the Company, for the purchase of 104,000 shares, or twenty (20) percent of the outstanding shares, of LPW Electronics Co., Ltd. ("LPW"). The consideration of the transaction is THB 26,000,000 (Twenty Six Million Thai Baht).
LPW is a limited liability company incorporated in Thailand in March 2023 and its principal business is the manufacturing of wire harnesses. In November 2023, LPW acquired approximately 8,000 square meters land in Pathum Thani, Thailand and completed the construction of a production facility by February 2025. The site includes a three-level main building and a dedicated warehouse totaling approximately 6,500 square meters, designed to support current operations and future expansion.
Its customer portfolio comprises multinational corporations with operations in Thailand mainly in the automotive and industrial sectors which will help to enlarge the existing customer base of the Company and offer a valuable opportunity to expand our footprint in Thailand.
Posted In: LNKS
