Just adding this as it's a rare enough brand in Canada, let alone anywhere else. I saw only a couple of references to this brand on here.
Ascente was a Canadian distributor, not a manufacturer and I believe the frames are from either Tiawan or Japan or both (this one from Tiawan). I don't know if they distributed after the early 90's.
This one is a small frame 14 speed Aerolite (sometimes spelt Aerolyte) with 14 speed 300 Exage Motion, brakes and levers, FD, RD and shifters.
As bought - basically it was just a case of a heavy clean and adjusting the bars up and adding some tape to cover a rip in the bar tape (didn't have any spare orange tape).
As cleaned
Hsin Lun bars with a Sakae stem and Araya rims. Mine came with Cheng Shin rubber that owner thought were the original tires and if so they are in great shape because bike was stored in house. I taped the end of the bars as the bar tape has some fraying.
Nice enough bikes and a good source of parts.