KUALA LUMPUR (dpa-AFX) - Linkers Industries Limited (LNKS), a Malaysian-based wire/cable harness supplier, has priced its Initial Public offering of Class A ordinary shares at $4 each.
The company is offering 1.9 million Class A ordinary shares, which are expected to commence trading on the Nasdaq Capital Market on December 5, 2024, under the symbol 'LNKS'.
The underwriters have a 45-day option to purchase up to an additional 285,000 Class A ordinary shares at a discounted price.
The company plans to use the net proceeds from the offering to acquire or form joint ventures within the value chain of the wire/cable harnesses industry, among others.
The offering is scheduled to close on December 6, 2024, subject to certain conditions.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2024 AFX News
