Linkers Industries Ltd.
General Information | |
Business: | (Note: Linkers Industries Inc. revived its IPO on May 28, 2024, in an F-1/A filing with the same terms as the original deal: 2.2 million shares at $4.00 to $6.00 each to raise $11.0 million. In this filing, Linkers added R.F. Lafferty & Co. as a joint book-runner. Background: Linkers Industries Inc. withdrew its IPO plans in a letter to the SEC dated May 24, 2024.)Linkers Industries Ltd. is the holding company that conducts business through its operating subsidiary, which is a manufacturer and a supplier of wire and cable harnesses to the automotive, home appliances and industrial products industries mostly in the Asia Pacific region. (Incorporated in the British Virgin Islands) Through our operating subsidiary, we are a manufacturer and a supplier of wire/cable harnesses with our manufacturing operations in Malaysia and have more than 20 years’ experience in the wire/cable harnesses industry. Wire/cable harness refers to an assembly of wires/cables bound together with straps, cable ties and electrical tapes to transmit signals or electrical power. Our customers are generally global brand name manufacturers and original equipment manufacturers (“OEMs”) in the home appliances, industrial products and automotive industries that are mainly based in the Asia Pacific Region. We work closely with customers in each stage of a product’s life cycle, including design, prototyping and production. Our business model enables us to offer customized wire harness for different applications and electrics designs. Our products are customized and made-to-order in accordance with the specific technical requirements of our customers. *Note: Net income and revenue are in U.S. dollars for the year that ended June 30, 2023. (Note: Linkers Industries Inc. revived its IPO on May 28, 2024, in an F-1/A filing with the same terms as the original deal: 2.2 million shares at $4.00 to $6.00 each to raise $11.0 million. In this filing, Linkers added R.F. Lafferty & Co. as a joint book-runner. Background: Linkers Industries Inc. withdrew its IPO plans in a letter to the SEC dated May 24, 2024.)(Note: Linkers Industries Ltd. changed its sole book-runner to Revere Securities – replacing Pacific Century Securities – in an F-1/A filing dated Jan. 29, 2024. The IPO’s size: 2.2 million shares at $4.00 to $6.00 to raise $11.0 million, if priced at the $5.00 mid-point of the range. Background: Linkers Industries Ltd. filed its F-1 dated Dec. 8, 2023, and disclosed terms for its U.S. IPO: 2.2 million Class A ordinary shares at $4.00 to $5.00 to raise $11.0 million. The company submitted confidential IPO documents to the SEC on Sept. 22, 2023.) |
Industry: | Electronic components & accessories (Connectors & Cables) |
Employees: | 222 |
Founded: | 1995 |
Contact Information | |
Address | Lot A99, Jalan 2A-3, A101 & A102, Jalan 2A, Kawasan Perusahaan MIEL Sungai Lalang, 08000 Sungai Petani, Kedah Darul Aman, Malaysia |
Phone Number | +60 4-4417802 |
Web Address | http://www.linkers-hk.com/ |
View Prospectus: | Linkers Industries Ltd. |
Financial Information | |
Market Cap | $67.25mil |
Revenues | $7.35 mil (last 12 months) |
Net Income | $0.04 mil (last 12 months) |
IPO Profile | |
Symbol | LNKS |
Exchange | NASDAQ |
Shares (millions): | 2.2 |
Price range | $4.00 - $6.00 |
Est. $ Volume | $11.0 mil |
Manager / Joint Managers | Revere Securities/ R.F. Lafferty & Co. |
CO-Managers | |
Expected To Trade: | |
Status: | TBA |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |