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Primech Holdings Subsidiary Nominated as a Finalist for the Singapore Apex Corporate Sustainability Awards

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Primech Holdings (Nasdaq: PMEC) announces its subsidiary, Primech A & P Pte. , has been nominated as a finalist for The Singapore Apex Corporate Sustainability Awards in the 'LowCarbonSG' category. This recognition is for businesses achieving at least 5% improvement in Scope 1 and 2 carbon emissions over the past 24 months.

Primech A & P has implemented several sustainability initiatives, including adopting autonomous cleaning technologies, using eco-friendly cleaning agents, and investing in electric vehicles and energy-efficient equipment. The company's 'HomeHelpy' platform enhances service efficiency, reducing the carbon footprint of traditional service methods.

CEO Kin Wai Ho emphasized Primech's commitment to sustainability and its ambition to transform the cleaning industry through high-tech solutions, including cleaning robotics and smart workflow controls. The company aims to evolve into a scalable, globally replicable automation business model that revolutionizes cleaning services worldwide.

Primech Holdings (Nasdaq: PMEC) annuncia che la sua sussidiaria, Primech A & P Pte., è stata nominata finalista per il Singapore Apex Corporate Sustainability Awards nella categoria 'LowCarbonSG'. Questo riconoscimento è riservato alle aziende che hanno raggiunto un miglioramento di almeno il 5% nelle emissioni di carbonio Scope 1 e 2 negli ultimi 24 mesi.

Primech A & P ha attuato diverse iniziative di sostenibilità, tra cui l'adozione di tecnologie di pulizia autonome, l'uso di agenti pulenti ecologici e l'investimento in veicoli elettrici e attrezzature ad alta efficienza energetica. La piattaforma 'HomeHelpy' dell'azienda migliora l'efficienza del servizio, riducendo l'impronta di carbonio dei metodi di servizio tradizionali.

Il CEO Kin Wai Ho ha sottolineato l'impegno di Primech per la sostenibilità e la sua ambizione di trasformare l'industria della pulizia attraverso soluzioni high-tech, tra cui robot di pulizia e controlli intelligenti del flusso di lavoro. L'azienda mira a evolversi in un modello di business di automazione scalabile e replicabile a livello globale che rivoluziona i servizi di pulizia in tutto il mondo.

Primech Holdings (Nasdaq: PMEC) anuncia que su subsidiaria, Primech A & P Pte., ha sido nominada finalista para los Premios de Sostenibilidad Corporativa Apex de Singapur en la categoría 'LowCarbonSG'. Este reconocimiento es para las empresas que han logrado al menos una mejora del 5% en las emisiones de carbono Scope 1 y 2 en los últimos 24 meses.

Primech A & P ha implementado varias iniciativas de sostenibilidad, incluyendo la adopción de tecnologías de limpieza autónomas, el uso de agentes de limpieza ecológicos y la inversión en vehículos eléctricos y equipos de alta eficiencia energética. La plataforma 'HomeHelpy' de la empresa mejora la eficiencia del servicio, reduciendo la huella de carbono de los métodos de servicio tradicionales.

El CEO Kin Wai Ho enfatizó el compromiso de Primech con la sostenibilidad y su ambición de transformar la industria de la limpieza a través de soluciones de alta tecnología, incluidos robots de limpieza y controles inteligentes del flujo de trabajo. La empresa aspira a evolucionar hacia un modelo de negocio de automatización escalable y replicable a nivel global que revolucione los servicios de limpieza en todo el mundo.

프라임체크 홀딩스 (Nasdaq: PMEC)는 자회사인 프라임체크 A & P 프라이빗가 'LowCarbonSG' 부문에서 싱가포르 에이펙스 기업 지속 가능성 상의 최종 후보로 지명되었음을 발표했습니다. 이 인정은 지난 24개월 동안 Scope 1 및 2 탄소 배출량을 최소 5% 개선한 기업에 대한 것입니다.

프라임체크 A & P는 자율 청소 기술 채택, 친환경 청소제 사용, 전기차 및 에너지 효율이 높은 장비에 대한 투자 등 여러 지속 가능성 이니셔티브를 시행해왔습니다. 회사의 'HomeHelpy' 플랫폼은 서비스 효율성을 높여 전통적인 서비스 방법의 탄소 발자국을 줄입니다.

CEO 킨 와이 호는 프라임체크의 지속 가능성에 대한 헌신과 청소 산업을 첨단 기술 솔루션, 청소 로봇 및 스마트 워크플로우 제어를 통해 혁신하겠다는 야망을 강조했습니다. 회사는 전 세계적으로 청소 서비스를 혁신하는 확장 가능하고 글로벌하게 복제 가능한 자동화 비즈니스 모델로 발전하는 것을 목표로 하고 있습니다.

Primech Holdings (Nasdaq: PMEC) annonce que sa filiale, Primech A & P Pte., a été nommée finaliste des Singapore Apex Corporate Sustainability Awards dans la catégorie 'LowCarbonSG'. Cette reconnaissance concerne les entreprises ayant réalisé au moins une amélioration de 5 % des émissions de carbone de portée 1 et 2 au cours des 24 derniers mois.

Primech A & P a mis en œuvre plusieurs initiatives de durabilité, notamment l'adoption de technologies de nettoyage autonomes, l'utilisation de produits de nettoyage écologiques et l'investissement dans des véhicules électriques et des équipements écoénergétiques. La plateforme 'HomeHelpy' de l'entreprise améliore l'efficacité du service, réduisant l'empreinte carbone des méthodes de service traditionnelles.

Le PDG Kin Wai Ho a souligné l'engagement de Primech envers la durabilité et son ambition de transformer l'industrie du nettoyage grâce à des solutions high-tech, y compris des robots de nettoyage et des contrôles intelligents des flux de travail. L'entreprise vise à évoluer vers un modèle commercial d'automatisation évolutif et reproductible à l'échelle mondiale qui révolutionne les services de nettoyage dans le monde entier.

Primech Holdings (Nasdaq: PMEC) gibt bekannt, dass ihre Tochtergesellschaft Primech A & P Pte. als Finalist für die Singapore Apex Corporate Sustainability Awards in der Kategorie 'LowCarbonSG' nominiert wurde. Diese Auszeichnung wird Unternehmen verliehen, die in den letzten 24 Monaten eine Verbesserung der Scope 1- und 2-Treibhausgasemissionen von mindestens 5 % erreicht haben.

Primech A & P hat mehrere Nachhaltigkeitsinitiativen umgesetzt, darunter den Einsatz autonomer Reinigungstechnologien, die Verwendung umweltfreundlicher Reinigungsmittel und Investitionen in Elektrofahrzeuge sowie energieeffiziente Geräte. Die 'HomeHelpy'-Plattform des Unternehmens steigert die Serviceeffizienz und verringert den CO2-Fußabdruck traditioneller Dienstleistungsmethoden.

CEO Kin Wai Ho betonte das Engagement von Primech für Nachhaltigkeit und die Ambition, die Reinigungsindustrie durch hochtechnologische Lösungen, einschließlich Reinigungsrobotern und intelligenten Arbeitsablaufsteuerungen, zu transformieren. Das Unternehmen hat sich zum Ziel gesetzt, sich zu einem skalierbaren, global replizierbaren Automatisierungs-Geschäftsmodell weiterzuentwickeln, das Reinigungsdienste weltweit revolutioniert.

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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 least 5% improvement in Scope 1 and 2 carbon emissions over the past 24 months through a commendable level of effort and/or investment.

The Awards are organized by the UN Global Compact Network Singapore (GCNS), the local chapter of the United Nations Global Compact. The Singapore Apex Corporate Sustainability Awards are held annually to honor outstanding businesses demonstrating exemplary sustainable practices and solutions, contributing positively to their communities and the environment.

As a leader in the facility services industry, Primech A & P has been at the forefront of employing innovative technologies and green initiatives that significantly reduce environmental impact and enhance operational efficiencies.

Primech A & P has implemented several strategic initiatives to bolster sustainability. These include adopting autonomous cleaning technologies, using eco-friendly cleaning agents, and significant investments in electric vehicles and energy-efficient equipment. Furthermore, the Company's "HomeHelpy" platform enhances service efficiency, reducing the carbon footprint associated with traditional service methods.

As the industry evolves with AI and advanced technology, Primech is redefining cleaning services, integrating high-tech solutions to enhance operational efficiency and worker safety. “The nomination of Primech A & P for The Singapore Apex Corporate Sustainability Awards reflects our profound commitment to sustainability and our ambition to transform the cleaning industry," said Mr. Kin Wai Ho, Chief Executive Officer of Primech Holdings. "We are not merely adapting to changes; we are leading them by developing cleaning robotics and implementing smart workflow controls to minimize the physical demands on our staff and reduce operational costs for our partners globally."

The recent global health crisis has underscored the critical need for advanced cleaning solutions. In response, Primech has accelerated the automation of its processes, proudly developing proprietary technologies like its new toilet-cleaning robot. "This nomination comes at a time when we are pushing the boundaries of what it means to be a facility service provider," Mr. Ho added. "Our vision is to extend beyond traditional boundaries and evolve into a scalable, globally replicable automation business model that revolutionizes cleaning services worldwide."

For more information on the Awards, please visit: https://apexawards.unglobalcompact.sg/

About Primech Holdings Limited

Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facility services, predominantly serving both public and private sectors throughout Singapore, with expanding operations in Malaysia. With a legacy of excellence and innovation in the facility services industry, Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. The Company's service portfolio includes advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Additionally, CSG Industries Pte Ltd, a subsidiary of Primech Holdings, 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 Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings 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 that such expectations will be correct. 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 award has Primech Holdings' subsidiary been nominated for in 2024?

Primech A & P Pte. , a subsidiary of Primech Holdings (PMEC), has been nominated as a finalist for The Singapore Apex Corporate Sustainability Awards in the 'LowCarbonSG' category in 2024.

What sustainability initiatives has Primech A & P implemented?

Primech A & P has implemented several sustainability initiatives, including adopting autonomous cleaning technologies, using eco-friendly cleaning agents, investing in electric vehicles and energy-efficient equipment, and developing the 'HomeHelpy' platform to enhance service efficiency.

How is Primech Holdings (PMEC) transforming the cleaning industry?

Primech Holdings is transforming the cleaning industry by developing cleaning robotics, implementing smart workflow controls, and aiming to evolve into a scalable, globally replicable automation business model that revolutionizes cleaning services worldwide.

What is the 'LowCarbonSG' category in The Singapore Apex Corporate Sustainability Awards?

The 'LowCarbonSG' category in The Singapore Apex Corporate Sustainability Awards recognizes businesses that have achieved at least 5% improvement in Scope 1 and 2 carbon emissions over the past 24 months through commendable effort and/or investment.

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