Primech .(PMEC)

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Primech AI, a Subsidiary of Primech Holdings, Unveils Ambitious Future Plans for its Innovative Toilet Cleaning Robot, HYTRON
GlobeNewswire News Room· 2024-11-11 13:00
SINGAPORE, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd., a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), unveiled its strategic expansion plans for HYTRON, its AI-powered public toilet cleaning robot. As the global cleaning market is projected to reach approximately $74 billion by 2025, Primech AI is poised to capture a significant market share with its innovative solutions. "Our vision at Primech AI is to revolutionize how we think about and manage cleaning in public spaces globally," s ...
Primech Secures Major New Contracts, Paving the Way for Future Growth
GlobeNewswire News Room· 2024-10-02 12:00
Total Value Exceeding SG$5.6 million (US$4.3 million) SINGAPORE, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, is excited to announce several newly signed contracts, signaling robust growth and expanding opportunities across multiple sectors. With a total value exceeding SG$5.6 million (US$4.3 million), these new agreements und ...
Primech Holdings Subsidiary Nominated as a Finalist for the Singapore Apex Corporate Sustainability Awards
GlobeNewswire News Room· 2024-09-19 12:00
SINGAPORE, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, proudly announces the nomination of operating subsidiary Primech A & P Pte. Ltd. ("Primech A & P") as a finalist for The Singapore Apex Corporate Sustainability Awards (the "Awards") in the category of "LowCarbonSG," which recognizes businesses that have achieved at leas ...
Why Is Primech (PMEC) Stock Up 60% Today?
Investor Place· 2024-07-31 12:04
Primech (NASDAQ:PMEC) stock is rocketing higher on Wednesday alongside heavy pre-market trading of the facilities and stewarding services company's shares. This has more than 7.6 million shares changing hands as of this writing. That's already well above its daily average trading volume of about 239,000 shares. Investors will also note that Primech's float is only about 6.76 million units. There are no updates from PMEC that explain why the company's stock is up today. That includes a lack of press releases ...
Primech Holdings Reports 5.1% Increase in Revenue, $144.4 Million in Future Contracted Revenues Guidance
Newsfilter· 2024-07-24 12:15
Fiscal Year 2024 Financial Highlights Approximately $2.6 million and $4.2 million in Singapore government grants were netted against our direct costs and expenses in FY 2024 and FY 2023, respectively. | --- | --- | --- | |-------------------------------------------------------------------------------------------|---------|-------| | | | | | | ($'000) | (%) | | Estimated amount of services contracted for at April 1, 2024 to be recorded in revenue | 62,985 | 43.6 | | for FY ending March 31, 2025 | | | | Estim ...
Primech .(PMEC) - 2024 Q4 - Annual Report
2024-07-23 12:00
FORM 20-F ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report PRIMECH HOLDINGS LTD. (Exact name of Registrant as specified in its charter) 23 Ubi Crescent Singapore 408579 +65 6286 1868 (Address of principal executive offices) Securities registered or to be registered pursuant to Section 12(b) of the Act. Securities for which there is ...
Primech Holdings Limited Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency
Newsfilter· 2024-05-17 20:30
Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology- driven facilities services, predominantly serving both public and private sectors throughout Singapore, with expanding operations in Malaysia. With a legacy of excellence and innovation in the facilities services industry, Primech offers an extensive range of services tailored to meet the complex demands of its diverse clientele. The Company's service portfolio includes advanced general facilities mainten ...