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 JCC will also take up a 14.29% stake.
Upon completion, Ahead Optoelectronics will have an enlarged paid-up capital of US$21mil or RM88.8mil.
Incorporated in June 2024, Ahead Optoelectronics is principally engaged in the export and import of electronic components.
Pentamaster said the investment expands its presence in advanced technology, “especially in the opto-electronics and silicon photonics segments,” and supports Malaysia’s National Semiconductor Strategy.
“The silicon photonics interconnect market will experience a compounded annual growth rate exceeding 20% from 2025 to 2030, from US$2.65bil in 2025 to US$9.65bil in 2030,” it noted.
“With the proposed new venture, it would propel and advance the group’s capabilities towards meeting such market potentials timely.”
The group added that the US$3mil investment was determined with reference to research and development and material solution costs that will be incurred for the proposed venture.
The investment, funded via internal working capital, is expected to be completed by the fourth quarter of 2025.
