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Article Bezinga News

Linkers Industries (LNKS) Stock Jumps Over 32% After Hours: Here's What Is Going On

Bezinga News June 18, 2026 · 5:24 am Read Original
Strong Bullish 100.0
−100 Bearish 0 +100 Bullish
Linkers Industries (LNKS) Stock Jumps Over 32% After Hours: Here's What Is Going On

Linkers Industries Limited (NASDAQ:LNKS) shares surged 32.5% to $2.12 in after-hours trading Wednesday after the Malaysia-based wire harness manufacturer announced a definitive agreement to acquire a 29% stake in Thailand’s LPW Electronics Co., Ltd. for approximately $2.35 million.
Strategic Foothold In Thailand’s Auto Sector
According to a Wednesday announcement made before the market opened, through its wholly-owned subsidiary, Linkers Asia Pacific Limited, the company entered into a sales and purchase agreement with Chairman Man Tak Lau to acquire 150,800 shares of LPW Electronics.
Ownership Jump And Cash Settlement
Linkers Industries currently holds a 20% equity interest in LPW. Post-closing, that stake rises to 49%. An additional $6.16 million in outstanding amounts owed by LPW to an

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Article Info
Source Bezinga News
Published Jun 18, 2026 · 5:24 am
Article ID 636ke2m
Original URL Open source
Sentiment Signal
Strong Bullish 100.0
−100Neutral+100
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