Welcome to our dedicated page for Linkers news (Ticker: LNKS), a resource for investors and traders seeking the latest updates and insights on Linkers stock.
Linkers Industries Ltd (LNKS) delivers specialized wire harness solutions and electrical assemblies for global industries. This news hub provides investors and professionals with verified updates on the company's manufacturing innovations, market expansions, and strategic partnerships.
Access real-time announcements covering earnings reports, product launches, and operational milestones. Our curated collection ensures transparent tracking of LNKS's developments in cable harness design, prototyping advancements, and quality management practices across international markets.
Discover updates categorized by key business areas: financial performance disclosures, technological breakthroughs in electrical assembly processes, and collaborative projects with automotive/aerospace partners. All content undergoes strict verification to maintain factual accuracy and relevance.
Bookmark this page for streamlined monitoring of LNKS's progress in Malaysia's manufacturing sector and beyond. Regular updates ensure you never miss critical developments affecting the company's position in the electrical components industry.
Linkers Industries (Nasdaq: LNKS), a Malaysian manufacturer of wire/cable harnesses, has received a Nasdaq minimum bid price deficiency notice on March 10, 2025. The company's stock failed to maintain the required $1 minimum bid price between January 24 and March 7, 2025.
LNKS has been granted an initial 180-day compliance period until September 8, 2025 to regain compliance. If unsuccessful, the company may be eligible for an additional 180-day extension, provided it meets other Nasdaq Capital Market listing requirements and demonstrates intention to cure the deficiency, potentially through a reverse stock split.
The company, which serves global brand manufacturers and OEMs in home appliances, industrial products, and automotive industries across the Asia Pacific Region, is currently evaluating options to regain compliance, though success is not guaranteed.
Linkers Industries (LNKS) has successfully completed its initial public offering on the Nasdaq Capital Market, raising $7.6 million through the sale of 1,900,000 Class A ordinary shares at $4.00 per share. Trading began on December 5, 2024, under the symbol 'LNKS'. The company, a Malaysian wire/cable harnesses manufacturer with over 20 years of experience, plans to use the proceeds for strategic acquisitions, joint ventures, equipment purchases, global sales office expansion (particularly in the U.S.), and working capital. The underwriters have a 45-day option to purchase an additional 285,000 shares at the offering price.
Linkers Industries (LNKS), a Malaysian wire/cable harnesses manufacturer, has announced the pricing of its initial public offering of 1,900,000 Class A ordinary shares at $4.00 per share. Trading is set to commence on Nasdaq Capital Market on December 5, 2024.
The company plans to use the proceeds for strategic acquisitions, joint ventures within the wire/cable harnesses industry, equipment purchases, global marketing expansion (particularly in the U.S.), and working capital. Underwriters have a 45-day option to purchase an additional 285,000 shares at the offering price.
R. F. Lafferty & Co. serves as the lead underwriter, with Revere Securities as co-underwriter. The company specializes in customized wire harnesses for home appliances, industrial products, and automotive industries, primarily serving OEMs in the Asia Pacific region.
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