The PM2528, if that's what it is, has a serial interface to the display (shift registers). On startup it displays whatever is in the registers, looks a lot like 'ABBA' text on my meter
. On mine it's always the same pattern, but its different on another meter.
I guess your meter does not clear the display, so does not finish initialization. It has a 8031 processor control system with its firmware in old EPROMs. Unless you can measure on the processor bus, and given power supply is ok, I would check clock running end EPROM checksum next.