Primech Holdings wins S$25.2mln cleaning contract with Singapore polytechnic.
PorAinvest
martes, 26 de agosto de 2025, 8:48 am ET1 min de lectura
PMEC--
Singapore, Aug. 26, 2025 — Primech Holdings Limited (Nasdaq: PMEC) announced that its subsidiary, Primech A&P, has secured a significant multi-year cleaning services contract with a leading polytechnic in Singapore. The contract, valued at S$25.196,581.00 (approximately US$19.6 million), is one of the company's most substantial wins to date.
Under the contract, Primech A&P will deploy the HYTRON, an AI-powered autonomous bathroom cleaning robot developed by Primech AI Pte. Ltd., along with other advanced robotics and comprehensive cleaning solutions. This technology-integrated approach aims to enhance hygiene standards and facility management efficiency at the educational institution.
Ken Chang, Head of Operations at Primech A&P, commented, "This contract award represents a significant validation of our growth strategy and technology-integrated service delivery model, which provides us with strong long-term revenue visibility. The deployment of HYTRON bathroom cleaning robot alongside our traditional services showcases our commitment to innovation and operational excellence in Singapore's premium facility services market."
Primech A&P’s proven expertise in delivering reliable, technology-enhanced facility operations across high-traffic institutional environments positioned it as the preferred partner for the polytechnic. This contract win further expands the Company’s distinguished client portfolio, spanning Singapore’s government facilities, major airports, commercial properties, condominiums, and hawker centers.
Primech Holdings Limited, headquartered in Singapore, is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. The company offers an extensive range of services tailored to meet the complex demands of its diverse clientele, including advanced general facility maintenance services, specialized cleaning solutions, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction.
This contract win highlights Primech Holdings' strategic approach to integrating technology into its service offerings, positioning it as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond.
References:
[1] https://www.marketscreener.com/news/primech-holdings-wins-19-6-million-multi-year-contract-ce7c50d9db8ff220
[2] https://www.globenewswire.com/news-release/2025/08/26/3139287/0/en/Primech-Holdings-Wins-19-6-Million-Multi-Year-Contract.html
[3] https://www.stocktitan.net/news/PMEC/primech-holdings-wins-19-6-million-multi-year-bniajkl29y9a.html
Primech Holdings Limited's subsidiary, Primech A&P, has secured a S$25.2 million multi-year cleaning services contract with a leading polytechnic in Singapore. The contract involves the deployment of Primech AI's HYTRON AI-powered autonomous bathroom cleaning robot and other advanced robotics solutions to improve hygiene standards and facility management efficiency. This is considered one of Primech A&P's most significant wins to date.
Title: Primech Holdings Limited Secures S$25.2 Million Multi-Year Cleaning Services ContractSingapore, Aug. 26, 2025 — Primech Holdings Limited (Nasdaq: PMEC) announced that its subsidiary, Primech A&P, has secured a significant multi-year cleaning services contract with a leading polytechnic in Singapore. The contract, valued at S$25.196,581.00 (approximately US$19.6 million), is one of the company's most substantial wins to date.
Under the contract, Primech A&P will deploy the HYTRON, an AI-powered autonomous bathroom cleaning robot developed by Primech AI Pte. Ltd., along with other advanced robotics and comprehensive cleaning solutions. This technology-integrated approach aims to enhance hygiene standards and facility management efficiency at the educational institution.
Ken Chang, Head of Operations at Primech A&P, commented, "This contract award represents a significant validation of our growth strategy and technology-integrated service delivery model, which provides us with strong long-term revenue visibility. The deployment of HYTRON bathroom cleaning robot alongside our traditional services showcases our commitment to innovation and operational excellence in Singapore's premium facility services market."
Primech A&P’s proven expertise in delivering reliable, technology-enhanced facility operations across high-traffic institutional environments positioned it as the preferred partner for the polytechnic. This contract win further expands the Company’s distinguished client portfolio, spanning Singapore’s government facilities, major airports, commercial properties, condominiums, and hawker centers.
Primech Holdings Limited, headquartered in Singapore, is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. The company offers an extensive range of services tailored to meet the complex demands of its diverse clientele, including advanced general facility maintenance services, specialized cleaning solutions, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction.
This contract win highlights Primech Holdings' strategic approach to integrating technology into its service offerings, positioning it as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond.
References:
[1] https://www.marketscreener.com/news/primech-holdings-wins-19-6-million-multi-year-contract-ce7c50d9db8ff220
[2] https://www.globenewswire.com/news-release/2025/08/26/3139287/0/en/Primech-Holdings-Wins-19-6-Million-Multi-Year-Contract.html
[3] https://www.stocktitan.net/news/PMEC/primech-holdings-wins-19-6-million-multi-year-bniajkl29y9a.html
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