SINGAPORE, Sept. 12, 2025 — Armstrong Asia, a prominent Singapore-based producer of flexible material solutions operating 16 factories across seven Asian countries, has signed a Memorandum of Understanding (MOU) with Checkmate Capital Group, LLC (“Checkmate Capital”). Checkmate Capital is a U.S.-based investment and advisory firm active in the Asia-Pacific and North American regions, concentrating on cross-border transactions within the life sciences, medical technology, and other sectors.
This MOU signifies the commencement of a formal partnership between the two entities, following Armstrong’s successful collaboration with NeuroSigma, Inc (“NeuroSigma”). NeuroSigma is a Los Angeles-based bioelectronics company and a portfolio client of Checkmate Capital, which Armstrong assisted in developing efficient and scalable supply chains for its products.
The agreement is designed to serve as a framework for Armstrong and Checkmate Capital to explore additional avenues for cooperation, particularly within the expanding medical device industry.
Ms. Phyllis Ong, Group CEO of Armstrong Asia, stated: “This MOU reflects our ongoing commitment to expanding Armstrong’s involvement in the medical device industry by cultivating strategic partnerships. Our previous work with NeuroSigma underscored the value of combining advanced engineering capabilities with responsive supply chain solutions, and we are enthusiastic about taking this next step with Checkmate Capital Group.”
Mr. C. Thomas Paschall, CEO of Checkmate Capital Group, commented: “We are pleased to formalize our relationship with Armstrong Asia. Armstrong’s support for NeuroSigma’s supply chain requirements has clearly demonstrated their considerable capabilities and reliability. We anticipate exploring further collaborative opportunities in the future.”
This partnership aligns with Armstrong’s long-term ambition to become a world-class manufacturing hub, facilitating smarter, safer, and greener innovation through trusted alliances.
About Armstrong Industrial Corporation
Armstrong Industrial Corporation is Asia’s leading manufacturer of flexible material solutions, with 16 factories located across Malaysia, Thailand, Indonesia, Vietnam, the Philippines, and China. Established and headquartered in Singapore since 1974, Armstrong combines superior engineering solutions with a proprietary database of over 6,000 materials and 13 precision engineering process technologies. Its steadfast dedication to quality and innovation has positioned it as a leader in Noise, Vibration, Heat & Safety Management Solutions. With its strategic footprint, extensive global network, and comprehensive integrated capabilities, Armstrong delivers innovation and quality to diverse industries such as automotive, consumer electronics, medical, hard disk drive, and industrial manufacturing. To discover more, visit
About Checkmate Capital Group
Based in Pasadena, California, Checkmate Capital is a cross-Pacific strategic advisory and investment group that manages internal family office assets utilizing a global commercial and industry-specific network. Checkmate Capital’s primary investment sectors include biotechnology, life sciences, medical technology, agriculture technology, and energy technology. The Checkmate Capital team offers seasoned expertise in its specialized industries, leveraging an international network of strategic partners, business talent, and resources. Checkmate advises numerous life sciences companies – both publicly traded and privately held – across North America and Asia on matters related to commercial operations, business expansion, strategic alliances, and intellectual property licensing. For more details, visit .
Media contact: Tan Lee San leesan.tan@armstrongasia.com
