Pentamaster unit to list in Hong Kong on Jan 19

PETALING JAYA: Pentamaster Corp Bhd's automated solution business unit Pentamaster International Ltd (PIL) is expected to be listed in Hong Kong on January 19.
The group told Bursa Malaysia that the proposed listing had received the green light from the Hong Kong Stock Exchange (HKSE) via a letter dated December 21, 2017.
"Subject to the formal and final approval of the HKSE to the Proposed Listing, the trading of the shares of PIL is expected to commence on the HKSE at 9.00 am (Hong Kong time) on January 19."
PIL's prospectus is expected to be issued on December 29.

The proposed listing is subject to fulfilment of certain conditions namely the documentary requirements under Chapter 9 and 19 of HKSE Listing Rules are followed and the listing department is satisfied with the contents of the published version of the prospectus.
At 2.04 pm, Pentamaster's shares fell 1.09% to RM2.72 with some 1.10million shares done.