Pentamaster International Limited (PIL) (HKG:1665) is a Malaysian-based company and a spin-off of Pentamaster Corporation Berhad (PCB) (KLSE: PENTA). PIL provides automation technology and solutions to multinational manufacturers in the semiconductor, telecommunications, consumer electronics and automotive sectors spanning Asia Pacific, North America and Europe. In this article, we will take a closer look at PIL’s business profile, management, and financials, to assess whether the company is suitable for investment. Business overview PIL’s business can be categorised into two major segments: Automated test equipment – Designing, development and manufacturing of standard and non-standard automated equipment.Factory automation solutions – Designing, development and installation of integrated factory automation solutions. Automated Test Equipment (previously known as automated equipment)Factory Automation Solutions (previously known as automated manufacturing solution)Key featuresStandardised and customised standalone automated equipment for (i) semiconductor electronic components testing for smart sensors and integrated circuits (ICs); and (ii) end products testing for consumer electronics,...