Linkers Industries Limited - Class A Ordinary Shares (LNKS)

Linkers Industries Limited (NASDAQ: LNKS) announced its board has approved a 1-for-250 reverse share split of its Class A and Class B ordinary shares, with post-split trading set to begin April 6, 2026, under the same ticker and a new CUSIP. The move, intended to support continued Nasdaq listing compliance, will proportionally adjust outstanding shares, par value and warrants, while maintaining shareholder ownership percentages aside from fractional share rounding.

SUNGAI PETANI, Malaysia, April 01, 2026 (GLOBE NEWSWIRE) -- via IBN -- Linkers Industries Limited (NASDAQ: LNKS) (the “Company”), a manufacturer and supplier of wire and cable harnesses with operations in Malaysia, today announced that its board of directors has approved a reverse split of its Class A ordinary shares and Class B ordinary shares on a 1-for-250 basis (the “Reverse Share Split”). The Company’s Class A ordinary shares will begin trading on the Nasdaq Stock Market LLC (“Nasdaq”) on a post-split basis on April 6, 2026, under the symbol “LNKS” under a new CUSIP number – G5496W110.

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Linkers Industries Limited (NASDAQ: LNKS) announced it has entered into a non-binding 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.

Transaction would expand Linkers’ capabilities to better meet global demand of wire and cable harnesses