Linkers Industries Limited
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $1.8M
- Price
- $1.14
- % Change (Daily % change from the live per-ticker quote feed.)
- +4.59%
- Volume
- 3.2M
About
Linkers Industries Limited, an investment holding company, engages in manufacturing and selling wire and cable harnesses in Malaysia, Thailand, Switzerland, the United States, and internationally. It also offers connectors, and assemblies. Its products are used in several applications, including home appliances, industrial products, and automotive industries. Linkers Industries Limited was founded in 1995 and is based in Sungai Petani, Malaysia.
Quick stats
Shares outstanding1.6M
Computed float710.3K
Float / shares44.2%
Key info
SectorIndustrials
IndustryManufacturing - Metal Fabrication
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001972074
Websitehttps://www.linkers-hk.com
AI Summary
AI-generated1/7
majorbullishm and a
Linkers Industries Limited Announces Entry into a Material Definitive Agreement
Linkers Industries Limited entered into a material definitive agreement to increase its ownership stake in LPW Electronics Co., Ltd. from 20% to 49%.
The transaction involves purchasing 150,800 shares from Chairman Man Tak Lau for approximately $2.35 million and settling $6.16 million of debt owed by LPW to an associate.
LPW, a Thai manufacturer of wire harnesses with a facility in Pathum Thani, serves automotive and industrial clients, which will help Linkers expand its footprint in the Asia Pacific region.
Red flags
- related party transaction with Chairman Man Tak Lau
- target company LPW has limited operating history (incorporated March 2023)
- transaction closing expected immediately on announcement date