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].
Linkers Industries Limited Announces Entry into a Material Definitive Agreement