Primech Holdings Secures Over $2.6 Million in New Contracts and Extensions for Q1 2025

Reuters
05/28
Primech Holdings Secures Over $2.6 Million in New Contracts and Extensions for Q1 2025

Primech A & P, a subsidiary of Primech Holdings Limited, has announced the acquisition of new contracts and extensions totaling over $2.6 million for the first quarter of 2025. These contracts highlight Primech's expansion in the premium residential and hospitality sectors across Singapore. Notable agreements include a two-year $774,470 contract for cleaning services at an international hotel chain on Orchard Road and a two-year $676,150 contract for services at a premium residential condominium. Additionally, extensions include a $563,620 six-month agreement for a themed food destination and a $168,150 four-month extension for a hotel in the Central Business District. These contracts are seen as a significant step in Primech's growth trajectory, emphasizing their commitment to integrating advanced technologies and delivering tailored facility services.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Primech Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9458527-en) on May 28, 2025, and is solely responsible for the information contained therein.

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