Pentmaster (1665 HK): Malaysian Parent's Offer For Pseudo Dual-Listing
In February last year, I discussed Pentamaster Corp (PENT MK)'s supply of semiconductors testers to the electric vehicle business.
A quirk of PENT was that its pseudo dual-listed twin - Pentamaster International (1665 HK) - trades at a significant discount.
In a not altogether surprising move, PENT is now seeking to take PI private by way of a Scheme at HK$1.00/share, including a HK$0.07/share dividend.
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