• Mint signed a non-binding MoU to buy a controlling or majority stake in Singapore-based Ascendze, positioning it as a Singapore expansion platform.
• Ascendze provides consulting and automation solutions for semiconductor manufacturing and precision engineering, serving customers including Fabrinet.
• The partnership targets chip production technology development and robotics-led factory automation in Singapore.
• Definitive agreements are targeted within 90 days, subject to due diligence and customary closing conditions.
• Mint also plans additional capital investment to fund Ascendze’s expansion, subject to separate definitive agreements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mint Incorporation Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606300830PRIMZONEFULLFEED9754661) on June 30, 2026, and is solely responsible for the information contained therein.