| RESEARCH 16 May, 2024 Pentamaster | 01665.HK COMPANY UPDATE More patience is required for new drivers H F NGO, Brian, CFA STOCK RATING TARGET PRICE SENIOR ANALYST BUY HK$ 1.10 brianngo@westbullsec.com.hk A setback in 2024 Q1: Pentamaster (01665.HK) recorded MYR 170.7mn revenue in 2024 Q1, +852 3896 2965 amounting to a YoY 3.3% increment when compared to 2023 Q1, of which approximately MYR 2701 – 2703, 27/F, Infinitus Plaza, 199 Des Voeux Rd 72.8mn and MYR 97.9mn were generated from ATE and FAS business se ...