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Stock impact report

MissionIRNewsBreaks – Linkers Industries Limited (NASDAQ: LNKS) Signs MOU to Increase Stake in Thailand-Based LPW Electronics [TheStreet.com]

Linkers Industries Limited (LNKS) 
Company Research Source: TheStreet.com
memorandum of understanding to acquire additional equity interests in LPW Electronics Co. Ltd. in Thailand, which could raise its ownership from 20% to up to 49% if completed. The proposed transaction is intended to expand Linkers' manufacturing capabilities and scale through LPW's 6,500-square-meter facility serving multinational automotive and industrial customers. The deal remains subject to due diligence, a definitive agreement and required approvals, with management noting the potential acquisition could enhance earnings visibility and support the company's growth as a multinational wire harness manufacturer. To view the full press release, visit https://ibn.fm/xB9oc About Linkers Industries Limited Linkers Industries Limited is a manufacturer and a supplier of wire/cable harnesses with manufacturing operations in Malaysia and have more than 20 years' experience in the wire/cable harnesses industry. The Company offers customized wire harness for different applications and e Show less Read more
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