- On **October 16, 2025**, Linkers Asia Pacific Limited, a wholly owned subsidiary of Linkers Industries Limited, entered into a Share Sale and Purchase Agreement.  **[1972074_0001213900-25-099733_ea0261602-6k_linkers.htm:0]** **[1972074_0001213900-25-099733_ea026160201ex99-1_linkers.htm:0]** 
- The agreement is for the purchase of **104,000 shares**, representing **twenty (20) percent** of the outstanding shares of **LPW Electronics Co., Ltd.**, from **Mr. Man Tak Lau**, the chairman of Linkers Industries Limited.  **[1972074_0001213900-25-099733_ea0261602-6k_linkers.htm:0]** **[1972074_0001213900-25-099733_ea026160201ex99-1_linkers.htm:0]** 
- The consideration for this acquisition is **THB 26,000,000** (Twenty Six Million Thai Baht).  **[1972074_0001213900-25-099733_ea026160201ex99-1_linkers.htm:0]** 
- LPW Electronics Co., Ltd. is a wire harness manufacturer in Thailand, and this acquisition is expected to **enlarge Linkers' customer base** and **expand its footprint in Thailand**.  **[1972074_0001213900-25-099733_ea026160201ex99-1_linkers.htm:0]**

Linkers Industries Limited Announces Acquisition of Stake in LPW Electronics Co., Ltd.

- Linkers Industries Limited (LNKS) was initially notified by Nasdaq on **March 10, 2025**, for failing to maintain the **$1 minimum bid price** requirement, based on the closing bid price from January 24, 2025, to March 7, 2025.  **[1972074_0001213900-25-087066_ea0256804-6k_linkers.htm:0]** **[1972074_0001213900-25-087066_ea025680401ex99-1_linkers.htm:0]** 
- The company was initially provided **180 calendar days**, until **September 8, 2025**, to regain compliance.  **[1972074_0001213900-25-087066_ea0256804-6k_linkers.htm:0]** **[1972074_0001213900-25-087066_ea025680401ex99-1_linkers.htm:0]** 
- On **September 9, 2025**, Nasdaq granted an additional **180 calendar day period**, extending the compliance deadline to **March 9, 2026**.  **[1972074_0001213900-25-087066_ea0256804-6k_linkers.htm:0]** **[1972074_0001213900-25-087066_ea025680401ex99-1_linkers.htm:0]** 
- If compliance is not demonstrated by **March 9, 2026**, the company's securities will be delisted.  **[1972074_0001213900-25-087066_ea0256804-6k_linkers.htm:0]** **[1972074_0001213900-25-087066_ea025680401ex99-1_linkers.htm:0]**

Linkers Industries (LNKS)