Mindtell Tech (08611) announced that, in light of significant changes in market conditions and investor sentiment, following the trading session of the Stock Exchange on January 2, 2026, the placing agent and the company mutually agreed to terminate the placement agreement by entering into a termination agreement, effective immediately. Consequently, both the placement agreement and the rights issue have been terminated and are no longer of any effect, with no party having any liability to any other party under the placement agreement. As of the date of this announcement, the company has not issued any securities pursuant to the rights issue, and the rights issue will not proceed.