Mobile-health Network Solutions (NASDAQ:MNDR) ("MNDR" or the "Company"), a leading AI-powered digital health platform, today announced the signing of a non-binding Strategic Cooperation Framework Memorandum of Understanding ("MOU") with Hector Capital Holdings Pte. Ltd. ("Hector Capital"). Under the framework, Hector Capital will invest up to US$119 million into MNDR to support the acquisition of majority shareholdings in MILVIK Singapore Pte. Ltd. ("BIMA"), a healthcare platform operating in Asia and Africa, and M&M Helix Pte. Ltd. ("MM Helix"), a healthcare technology firm offering an AI-powered telemedicine and patient care platform.

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