Transaction would expand Linkers’ capabilities to better meet global demand of wire and cable harnessesSUNGAI PETANI, MALAYSIA, March 25, 2026 (GLOBE NEWSWIRE) -- – via IBN -- Linkers Industries Limited (Nasdaq: LNKS) (“Linkers” or the “Company”), a manufacturer and supplier of wire and cable harnesses with operations in Malaysia, today announced it has entered into a non-binding Memorandum of Understanding (“MOU”) to acquire certain equity interests in LPW Electronics Co. Ltd. (“LPW”) in Thailand. If consu ...

Core Viewpoint - Linkers Industries Limited has announced a public offering expected to generate approximately $16 million in gross proceeds, which will be utilized for acquisitions and operational purposes [1][4]. Group 1: Offering Details - The offering consists of 23,088,023 units, each unit comprising one Class A ordinary share or a pre-funded warrant, along with Series A and Series B Warrants [2]. - The purchase price for each unit is set at $0.693, while the pre-funded unit price is slightly lower at $0.693 minus $0.00001 [3]. - The Series A Warrants have an initial exercise price of $0.7277 and will expire one year after issuance, while the Series B Warrants have an exercise price of $1.1781 and will also expire one year after issuance [2]. Group 2: Use of Proceeds - A portion of the net proceeds from the offering will be allocated to finance the potential acquisition of additional equity interests in LPW Electronics Co Ltd, where the company currently holds a 20% stake [4]. - The remaining funds will be used for capital expenditures, operational capacity, working capital, general corporate purposes, and potential future business combinations or acquisitions [4]. Group 3: Company Background - Linkers Industries Limited specializes in manufacturing and supplying wire and cable harnesses, with over 20 years of experience in the industry [8]. - The company serves global brand name manufacturers and original equipment manufacturers primarily in the home appliances, industrial products, and automotive sectors, focusing on the Asia Pacific region [8].

As filed with the U.S. Securities and Exchange Commission on March 16, 2026. Registration Statement No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 LINKERS INDUSTRIES LIMITED (Exact name of registrant as specified in its charter) | | | (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (IRS Employer Identification Number) Lot A99, Jalan 2A-3, ...

Core Viewpoint - Linkers Industries Limited has regained compliance with Nasdaq's minimum bid price requirement, allowing its shares to continue trading on the exchange under the symbol "LNKS" [1][2]. Group 1: Compliance with Nasdaq - The company received a notification letter from Nasdaq confirming compliance with the minimum bid price requirement, having a closing bid price of at least $1.00 per ordinary share from January 29, 2026, to February 26, 2026 [2]. - The listing matter has been officially closed following the confirmation of compliance [2]. Group 2: Company Overview - Linkers Industries Limited is a manufacturer and supplier of wire and cable harnesses, with over 20 years of experience in the industry [3]. - The company specializes in customized wire harnesses for various applications and electric designs, serving global brand name manufacturers and OEMs primarily in the Asia Pacific region [3].

Core Viewpoint - Linkers Industries Limited has successfully completed the acquisition of a 20% stake in LPW Electronics Co., Ltd, enhancing its position in the wire harness manufacturing sector in Thailand [1][2]. Group 1: Transaction Details - On October 16, 2025, Linkers Asia Pacific Limited, a wholly owned subsidiary of Linkers Industries, entered into a Share Sale and Purchase Agreement to acquire 104,000 shares of LPW, representing 20% of its outstanding shares, for THB 26,000,000 (Twenty Six Million Thai Baht) [2]. - The transaction is expected to expand Linkers Industries' customer base and operational footprint in Thailand, particularly in the automotive and industrial sectors [4]. Group 2: Company Background - Linkers Industries Limited is a manufacturer and supplier of wire/cable harnesses with over 20 years of experience in the industry, primarily serving global brand name manufacturers and OEMs in the Asia Pacific region [5]. - The company specializes in customized wire harnesses for various applications and electrical designs, catering to sectors such as home appliances, industrial products, and automotive [5]. Group 3: LPW Electronics Overview - LPW Electronics Co., Ltd was established in March 2023 and focuses on manufacturing wire harnesses [3]. - The company has developed a production facility in Pathum Thani, Thailand, which includes a three-level main building and a dedicated warehouse, totaling approximately 6,500 square meters, to support current operations and future expansion [3].

Core Viewpoint - Linkers Industries Limited has entered into a significant agreement to acquire a 20% stake in LPW Electronics Co., Ltd., enhancing its presence in the wire harness manufacturing sector in Thailand [2][4]. Group 1: Company Overview - Linkers Industries Limited is a manufacturer and supplier of wire/cable harnesses with over 20 years of experience in the industry, primarily serving global brand name manufacturers and OEMs in the Asia Pacific region [5]. - The company operates manufacturing facilities in Malaysia and specializes in customized wire harnesses for various applications [5]. Group 2: Acquisition Details - On October 16, 2025, Linkers Asia Pacific Limited, a wholly owned subsidiary of Linkers Industries, signed a Share Sale and Purchase Agreement to acquire 104,000 shares (20% of outstanding shares) of LPW Electronics for THB 26,000,000 (26 million Thai Baht) [2]. - LPW Electronics, established in March 2023, focuses on manufacturing wire harnesses and has recently completed a production facility in Pathum Thani, Thailand, which includes a three-level main building and a warehouse [3]. Group 3: Strategic Implications - The acquisition of LPW is expected to expand Linkers Industries' customer base, particularly in the automotive and industrial sectors, thereby providing opportunities for growth in Thailand [4].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark one) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 D ...

Core Points - Linkers Industries Limited has received a Nasdaq Minimum Bid Price Deficiency Letter due to its closing bid price falling below the required minimum of $1 per share from January 24, 2025, to March 7, 2025 [2] - The company has been granted a compliance period of 180 calendar days, until September 8, 2025, to regain compliance with Nasdaq's continued listing requirements [3] - If compliance is not achieved within the initial period, the company may be eligible for an additional 180 days, provided it meets other listing standards and intends to cure the deficiency, potentially through a reverse stock split [3] - The company is actively evaluating options to regain compliance and is committed to making reasonable efforts to meet Nasdaq's requirements [4] Company Overview - Linkers Industries Limited is a manufacturer and supplier of wire/cable harnesses with over 20 years of experience in the industry [5] - The company operates manufacturing facilities in Malaysia and serves global brand name manufacturers and original equipment manufacturers (OEMs) primarily in the home appliances, industrial products, and automotive sectors within the Asia Pacific Region [5]

Economic Environment - The Malaysian economy registered modest growth of approximately 3.1% in 2021 after a contraction of 5.6% in 2020[39]. - Changes in Malaysian government policies could significantly impact the company's business operations and profitability[40]. - The company’s business prospects depend on the continuing development of the international economy, particularly in the Asia Pacific region[53]. - The company’s business is highly correlated with economic cycles, and adverse economic conditions could materially affect demand for its products[64]. - The war in Ukraine has led to increased oil and gas prices, which could adversely affect global economic conditions and the company's operations[83]. Financial Risks - The company is exposed to fluctuations in the value of the Malaysian Ringgit (RM) against the USD, which may adversely affect profit margins[42]. - The company relies on dividends and other distributions from subsidiaries for cash requirements, and any limitations on these payments could materially affect liquidity[45]. - Future capital requirements may be substantial as the company seeks to expand operations, with potential difficulties in securing funding on favorable terms[63]. - The financial results for the year ending June 30, 2025, are expected to be adversely affected by non-recurring listing expenses related to the IPO[75]. - The company may face significant liabilities due to potential intellectual property infringement claims, which could divert resources and impact operations[57]. Operational Risks - The company faces risks related to price volatility of raw materials, particularly connectors and terminals, which are essential for production[49]. - The company does not have long-term contracts with suppliers, which may lead to delays in raw material delivery and affect production schedules[51]. - The company’s production facility is subject to operational risks, and any prolonged interruption could adversely affect its ability to deliver products[50]. - The company may experience labor shortages or unrest, leading to increased labor costs that could adversely affect financial conditions[62]. - The internal control system may become ineffective or inadequate, potentially affecting financial condition and results of operations[77]. Customer Concentration - Revenue from the top five customers accounted for 86.2%, 92.4%, and 95.5% of total revenue for the years ended June 30, 2024, 2023, and 2022, respectively[56]. - The company relies on a limited number of major customers, and any reduction in their purchase orders could adversely affect sales[56]. - The top five customers accounted for 86.2% of total revenue for the year ended June 30, 2024, down from 92.4% in 2023 and 95.5% in 2022, indicating a diversification effort[171]. Compliance and Regulatory Risks - The company is subject to various laws and regulations in Malaysia, and failure to comply may result in fines and adversely affect its reputation and financial condition[36]. - Compliance with environmental regulations may require significant financial resources, impacting operating costs and business performance[59]. - The Environmental Quality Act 1974 sets provisions for the prevention and control of pollution, with penalties for non-compliance including fines up to RM250,000 or imprisonment for up to 2 years[204]. - Non-compliance with the Occupational Safety and Health Act 1994 can result in fines up to RM500,000 or imprisonment for up to 2 years[196]. - A Malaysian company may only make a distribution to shareholders out of profits available if the company is solvent, with penalties for non-compliance including imprisonment for up to 5 years or a fine up to RM3,000,000[215]. Market and Competitive Landscape - The company faces significant competition, and failure to maintain competitiveness could adversely affect future growth prospects[67]. - The wire/cable harness manufacturing market in Malaysia is highly competitive, with the company investing in R&D and advanced technologies to meet customer needs and remain competitive[175]. - The company participates in industry trade fairs and exhibitions to solicit new customers and explore business opportunities, enhancing its market presence[168]. Quality Control and Production - The company has received international certifications ISO 9001:2015 and IATF 16949:2016, demonstrating its commitment to quality management systems[152]. - The company actively engages in quality control throughout the production process, including inspections of raw materials, production stages, and final testing before delivery[164]. - The company has implemented stringent quality control procedures to minimize defects and returns, including regular training for manufacturing line employees[163]. - The production process includes wire cutting, crimping, assembly, testing, and packing, with each completed wire harness undergoing electronic functionality testing[162]. - The company utilizes up-to-date machinery and automation in its production process, enhancing production capacity and efficiency[150]. Shareholder and Governance Issues - The dual-class voting structure allows the Controlling Shareholder to hold 91.60% of the voting power, potentially disadvantaging other shareholders[86]. - The Controlling Shareholder's significant voting power may lead to actions not in the best interests of other shareholders[89]. - The company may face significant consequences if it fails to meet Nasdaq's listing requirements, potentially leading to delisting[95]. - The company may adopt home country corporate governance practices that differ from Nasdaq standards, potentially offering less protection to shareholders[129]. - The company is exempt from certain provisions of the Exchange Act applicable to U.S. domestic public companies, which may limit shareholder access to timely information[127]. IPO and Capital Structure - The company is offering 2,200,000 Class A Ordinary Shares, representing 16.36% of its Ordinary Shares, with the controlling shareholder owning approximately 61.93% of total issued shares post-IPO[142]. - Class A Ordinary Shares are expected to initially trade under US$5.00 per share, categorizing them as "penny stock," which may negatively affect price and liquidity[97]. - The initial public offering (IPO) will result in a relatively small public float, contributing to greater stock price volatility and lower trading volume[100]. - Investors purchasing Class A Ordinary Shares in the IPO will incur immediate and substantial dilution due to the offering price exceeding the pro forma net tangible book value per share[107]. - The management has broad discretion in using the funds raised from the IPO, which may not necessarily enhance operational results or share price[108]. Taxation and Financial Regulations - The standard corporate tax rate is 24%, while the rate for resident small and medium-sized companies is 15% on the first RM150,000 and 17% on RM150,001 to RM600,000, with the balance taxed at 24% effective from the year of assessment 2023[221]. - All dividends payable to shareholders will not be subject to withholding or other taxes under the laws and regulations of Malaysia[220]. - The Goods and Services Tax was revised from 6% to 0% effective from 1 June 2018, and the Sales Tax Act 2018 and Service Tax Act 2018 replaced the GST[225]. - The Sales Tax Act 2018 imposes a single-stage tax on taxable goods manufactured in Malaysia and sold by a taxable person, as well as on taxable goods imported into Malaysia[226]. - A taxable person must register if annual turnover exceeds RM500,000[227].

As filed with the Securities and Exchange Commission on September 23, 2024. Registration No. 333-279752 | British Virgin Islands | 3670 | Not Applicable | | --- | --- | --- | | (State or other jurisdiction of | (Primary Standard Industrial | (I.R.S. Employer | | incorporation or organization) | Classification Code Number) | Identification Number) | (Translation of Registrant's name into English) Lot A99, Jalan 2A-3, A101 & A102, Jalan 2A, Kawasan Perusahaan MIEL Sungai Lalang, 08000 Sungai Petani, Kedah Dar ...