Recent Updates — LNKS
Linkers Industries Limited completed the acquisition of a 29% equity interest in LPW Electronics Co Ltd on June 17, 2026, bringing its total ownership to 49%. The transaction involved a cash consideration of approximately US$2.35 million and included the novation of LPW's US$6.16 million debt owed to New Universe Industries Ltd to Linkers' subsidiary, Linkers Asia Pacific Limited. LPW Electronics manufactures wire harnesses for home appliances, automotive, medical equipment, and industrial machinery sectors in Thailand. The filing includes audited financial statements for LPW showing a 2025 revenue of THB 21.9 million (US$696,540) and a net loss of THB 23.4 million (US$743,856), alongside unaudited pro forma combined financial information.
On July 30, 2026, Linkers Industries Limited's board approved an increase in authorized shares from 4,000,000 to 10,000,000 ordinary shares. The new authorization comprises 9,750,000 Class A Ordinary Shares and 250,000 Class B Ordinary Shares, each with a par value of US$0.0025. This amendment was filed and accepted by the Registrar of Corporate Affairs in the British Virgin Islands on the same date. Linkers Industries Limited operates in the industrial manufacturing sector.
On June 17, 2026, Linkers Industries Limited, via its subsidiary Linkers Asia Pacific Limited, entered into a conditional agreement to acquire 150,800 shares, representing 29% of LPW Electronics Co., Ltd., from Chairman Man Tak Lau. The transaction involves a purchase price of approximately US$2,350,000 and the settlement of US$6,160,000 in outstanding amounts owed by LPW to an associate. Upon completion, the Company's ownership in LPW will increase from 20% to 49%. LPW is a Thailand-based manufacturer of wire harnesses serving automotive and industrial sectors. Linkers Industries Limited is an industrial manufacturing company.