Primech Holdings Ltd. Ordinary Shares
PMECPrimech Holdings Ltd. is a company involved in the provision of industrial and commercial cleaning solutions, equipment, and maintenance services. It specializes in offering sanitation and hygienic products, along with associated support services, to various sectors including healthcare, hospitality, and industrial industries.
Company News
Chinese environmental technology firm WELLE and Singaporean technology services company Primech Holdings signed a strategic cooperation agreement to jointly develop industrial robotics and sustainable technologies, forming a joint venture in Singapore focused on advanced robotic solutions for complex industrial environments.
Primech AI showcased its HYTRON LITE bathroom cleaning robot at a facilities management event in Singapore, highlighting its compact design and advanced AI capabilities. The event showcased the growing importance of robotic solutions in addressing labor challenges and enhancing operational efficiency in the facilities management sector.
Primech Holdings Limited, a technology-driven facility services provider in Singapore, has received an additional 180-day compliance period from Nasdaq to regain the minimum $1 bid price per share requirement. The company plans to address the deficiency, potentially through a reverse share split.
Primech AI, a subsidiary of Primech Holdings, announced plans to launch its AI-powered toilet cleaning robot HYTRON in Singapore, Hong Kong, Dubai, and Australia, with plans to scale globally by 2027. The company is committed to innovation and sustainability in the cleaning industry.
Primech Holdings Limited, a technology-driven facility services provider in Singapore, has secured several new contracts worth over SG$5.6 million, including cleaning and pest control services for a biomedical research hub, cleaning services for residential condominiums, and cleaning services for a non-profit social service institution.
