Asia
Minth Group to Partner With Taiwanese Firm on Robotics
Minth Group (HKG:0425) plans to establish a long-term joint venture with Taiwan's Mirle Automation (TPE:2464) to advance research into intelligent robots and robotic dogs, the company said in a Hong Kong bourse filing Monday.The firm entered into a framework agreement with Mirle to set the preliminary terms of the partnership, which would include establishing one or more JV companies in Taiwan.Minth said it would hold 60% of the equity interests in the proposed JV, which could have an expected registered capital of NT$1 billion.The partnership is subject to definitive agreements.
HKG:0425TPE:2464
