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PETALING JAYA: Pentamaster Corp Bhd, via its wholly-owned unit Pentamaster Innoteq Sdn Bhd (PISB), is venturing into opto-photonics through a joint investment with Taiwan-based Ahead Optoelectronics Inc (AOI) and JC Capital Ltd (JCC) of the Cayman Islands.
According to its filing with Bursa Malaysia, PISB is investing US$3mil or RM12.68mil via convertible notes for a 14.29% stake in Ahead Optoelectronics (M) Sdn Bhd.
AOI will hold the majority stake of 71.42% with a US$15mil injection, while J
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