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Primech Holdings Limited Engages Strategic Investor Relations to Enhance Investor Communications and Engagement

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Primech Holdings has engaged Strategic Investor Relations to enhance investor communications and engagement. The company aims to improve visibility in the financial community, educate investors about its growth and strategic initiatives, and highlight its innovative solutions, customer base, and commitment to sustainability. With a focus on Singapore's growing facilities services market, Primech is well-positioned to leverage market dynamics for growth.

Primech Holdings ha incaricato Strategic Investor Relations di migliorare le comunicazioni e l'interazione con gli investitori. L'azienda mira ad aumentare la sua visibilità nella comunità finanziaria, informare gli investitori riguardo la sua crescita e le iniziative strategiche, e mettere in risalto le sue soluzioni innovative, la base di clienti e l'impegno per la sostenibilità. Concentrandosi sul mercato dei servizi di gestione delle strutture in crescita a Singapore, Primech è in una posizione ottimale per sfruttare la dinamica di mercato a favore della crescita.
Primech Holdings ha contratado a Strategic Investor Relations para mejorar la comunicación y el compromiso con los inversores. La empresa busca mejorar su visibilidad en la comunidad financiera, educar a los inversores sobre su crecimiento e iniciativas estratégicas, y destacar sus soluciones innovadoras, su base de clientes y su compromiso con la sostenibilidad. Con un enfoque en el creciente mercado de servicios de instalaciones en Singapur, Primech está bien posicionado para aprovechar las dinámicas del mercado para su crecimiento.
프라임텍 홀딩스는 투자자 커뮤니케이션과 참여 증진을 위해 스트래틱 투자자 관계를 맡았습니다. 이 회사는 금융 커뮤니티에서의 가시성을 향상시키고, 투자자들에게 성장과 전략적 이니셔티브를 알리며, 혁신적인 해결책과 고객 기반, 지속 가능성에 대한 의지를 강조할 목표를 가지고 있습니다. 싱가포르의 성장하고 있는 시설 서비스 시장에 중점을 두고 있는 프라임텍은 시장의 동태를 이용하여 성장을 촉진하기에 적합한 위치에 있습니다.
Primech Holdings a engagé Strategic Investor Relations pour améliorer la communication et l'engagement avec les investisseurs. L'entreprise vise à accroître sa visibilité au sein de la communauté financière, à éduquer les investisseurs sur sa croissance et ses initiatives stratégiques, et à mettre en lumière ses solutions innovantes, sa clientèle et son engagement envers la durabilité. Concentrant ses efforts sur le marché des services de gestion d'équipements en croissance à Singapour, Primech est bien placée pour tirer parti des dynamiques du marché en faveur de la croissance.
Primech Holdings hat Strategic Investor Relations beauftragt, die Kommunikation und das Engagement mit Investoren zu verbessern. Das Unternehmen zielt darauf ab, seine Sichtbarkeit in der Finanzgemeinde zu erhöhen, Investoren über sein Wachstum und strategische Initiativen zu informieren und seine innovativen Lösungen, Kundenbasis und sein Engagement für Nachhaltigkeit hervorzuheben. Mit einem Fokus auf den wachsenden Markt für Gebäudedienstleistungen in Singapur ist Primech gut positioniert, um die Marktdynamik für Wachstum zu nutzen.
Positive
  • Primech Holdings has engaged Strategic Investor Relations to enhance investor communications and engagement.

  • The company aims to improve visibility in the financial community and educate investors about its growth and strategic initiatives.

  • Primech will highlight its innovative solutions, strong customer base, and commitment to sustainability to the investment community.

  • The Singapore facilities services market has seen significant growth due to technological advancements and increased demand across various sectors.

  • Primech is well-positioned to leverage market dynamics to accelerate its growth and enhance its service offerings.

Negative
  • None.

SINGAPORE, May 01, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facilities services provider in the public and private sectors operating mainly in Singapore, has engaged Strategic Investor Relations, a premier investor relations firm, to enhance Primech’s visibility in the financial community and support its ongoing efforts to engage and educate current and potential investors about the company’s growth and strategic initiatives.

With this new partnership, Primech aims to refine its communication strategies and investor relations activities to ensure stakeholders are fully informed and engaged with the company's progress and prospects. Strategic Investor Relations will assist Primech in highlighting its innovative solutions, strong customer base, and commitment to sustainability to the investment community.

Primech operates in Singapore's rapidly growing cleaning, landscaping, pest control, and waste management industries, which have seen significant expansion due to technological advancements and increased demand across various sectors. According to Singapore Department of Statistics, the market size has grown from S$1,836.8 million (US $1,347.4 million) in 2014 to S$3,426.5 million (US $2,569.9 million) in 2022, representing a compound annual growth rate of 8.1%. This growth trajectory is supported by the government's strong focus on enhancing industry standards and operational efficiencies through technology. As a key player in this sector, Primech is well-positioned to leverage these market dynamics to accelerate its growth and enhance its service offerings.

Primech has demonstrated robust capabilities in managing complex service requirements across various sectors, including education, hotels, and aviation, with Singapore Changi Airport, Nanyang Technological University, and the Ministry of Education of Singapore among its notable clientele. The Company is renowned for its commitment to excellence, evidenced by numerous accolades, such as the repeated attainment of the Clean Mark Gold Award.

In recent years, Primech has embarked on several strategic initiatives to bolster its market position and operational efficiency. These include adopting advanced technological solutions like autonomous robots for cleaning and developing the proprietary "HomeHelpy" platform, enhancing customer interaction and service delivery in both B2B and B2C markets. Furthermore, Primech’s commitment to sustainability is evident in its integration of eco-friendly practices and technologies, including electric vehicles and green chemicals for cleaning.

"Engaging with Strategic Investor Relations represents an important step towards strengthening our relations with current and prospective investors and better communicating our financial story and market opportunities," said Mr. Kin Wai Ho, Chief Executive Officer of Primech. "We are committed to enhancing our transparency and engagement with the investor community as we expand and innovate within the facilities services sector. Together with the expertise of Strategic Investor Relations, we are confident in our ability to communicate our vision and operational successes more effectively, driving enhanced shareholder value."

Mr. Matthew Abenante, President of Strategic Investor Relations, commented, “We are thrilled to partner with Primech Holdings Limited, a trusted leader in the facilities services sector. Primech's commitment to innovation and strategic expansion into cutting-edge technologies and sustainability positions them uniquely for significant growth. I am extremely excited about the future for Primech as it continues to innovate and expand its service offerings, ensuring the company remains at the forefront of the facilities services industry.”

We look forward to supporting their journey and are confident that Primech's exciting future will deliver substantial value to their stakeholders," concluded Mr. Abenante.

About Primech Holdings Limited

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 maintenance, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Additionally, Primech manufactures and supplies various high-quality cleaning products under its brand, extending its reach and capabilities within the industry. Known for its commitment to sustainability and cutting-edge technology, Primech integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.

Company Contact:        
Email: ir@primech.com.sg

Investor Relations Contact:        
Matthew Abenante, IRC
President                                        
Strategic Investor Relations, LLC                                         
Tel: 347-947-2093
Email: matthew@strategic-ir.com


FAQ

What is the company name mentioned in the press release?

Primech Holdings is the company mentioned in the press release.

What is the stock symbol of Primech Holdings ?

The stock symbol of Primech Holdings is PMEC.

What is the main focus of the engagement with Strategic Investor Relations?

The main focus is to enhance investor communications and engagement, improve visibility in the financial community, and educate investors about growth and strategic initiatives.

What market does Primech operate in?

Primech operates in Singapore's rapidly growing cleaning, landscaping, pest control, and waste management industries.

What is the growth trajectory of the Singapore facilities services market?

The market size has grown from S$1,836.8 million in 2014 to S$3,426.5 million in 2022, representing a compound annual growth rate of 8.1%.

Primech Holdings Ltd.

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Facilities Support Services
Administrative and Support and Waste Management and Remediation Services
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