Linkers Industries Limited, an investment holding company, specializes in the production and distribution of wire and cable harnesses. Beyond these core products, the firm also supplies connectors and various assembly solutions. Its offerings are widely utilized across several key sectors, including home appliances, diverse industrial applications, and the automotive industry. Established in 1995, Linkers Industries Limited operates globally, with significant market presence in Malaysia, Thailand, Switzerland, and the United States, and maintains its headquarters in Sungai Petani, Malaysia.
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.