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The investors are all Taiwanese... Very very interesting, some big names like Mediatek and UMC are mentioned. I think it's a very strategic move, they will definitely benefit from the Taiwan market (advanced packaging & testing equipment)
People with first level of thinking will conclude that the privatisation is just a tool to improve penta bursa EPS... Investors with second level of thinking will question why they want to privatise it with an external PE firm? Is it because of money (penta has 400 +mil)? Or is it because of something else...? Hehe
Layman term JV in corporate term , but for penta hk : let me become your investors, and I will bring you connections and help in your new phase of growth