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Primech Holdings Subsidiary Primech A&P Earns Leading Industry Awards for Excellence in Cleanliness and Hygiene

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Primech Holdings (Nasdaq: PMEC) announced significant achievements at the LOO Awards 2024, with its subsidiary Primech A&P earning notable recognition for excellence in cleaning and hygiene standards. The company received the Best Market Award for its outstanding work at Beo Crescent Market & Food Centre. Additionally, six of Primech A&P's cleaning associates were individually honored for their dedication.

The LOO Awards, organized by the Restroom Association (Singapore), evaluate organizations based on innovative restroom design, advanced cleanliness practices, skill development, staff welfare initiatives, and customer service excellence. Chairman and CEO Kin Wai Ho emphasized that these achievements demonstrate the company's commitment to elevating industry cleaning standards and creating shareholder value through innovation and workforce development.

Primech Holdings (Nasdaq: PMEC) ha annunciato risultati significativi ai LOO Awards 2024, con la sua filiale Primech A&P che ha ottenuto un riconoscimento notevole per l'eccellenza negli standard di pulizia e igiene. L'azienda ha ricevuto il Premio per il Miglior Mercato per il suo lavoro eccezionale presso il Beo Crescent Market & Food Centre. Inoltre, sei dei collaboratori di pulizia di Primech A&P sono stati onorati individualmente per la loro dedizione.

I LOO Awards, organizzati dalla Restroom Association (Singapore), valutano le organizzazioni in base al design innovativo dei servizi igienici, alle pratiche avanzate di pulizia, allo sviluppo delle competenze, alle iniziative per il benessere del personale e all'eccellenza nel servizio al cliente. Il presidente e CEO Kin Wai Ho ha enfatizzato che questi risultati dimostrano l'impegno dell'azienda nell'elevare gli standard di pulizia del settore e nel creare valore per gli azionisti attraverso l'innovazione e lo sviluppo della forza lavoro.

Primech Holdings (Nasdaq: PMEC) anunció logros significativos en los LOO Awards 2024, con su subsidiaria Primech A&P recibiendo un reconocimiento notable por la excelencia en los estándares de limpieza e higiene. La compañía recibió el Premio al Mejor Mercado por su trabajo excepcional en el Beo Crescent Market & Food Centre. Además, seis de los asistentes de limpieza de Primech A&P fueron honrados individualmente por su dedicación.

Los LOO Awards, organizados por la Restroom Association (Singapur), evalúan a las organizaciones según el diseño innovador de los baños, las prácticas avanzadas de limpieza, el desarrollo de habilidades, las iniciativas de bienestar del personal y la excelencia en el servicio al cliente. El presidente y CEO Kin Wai Ho enfatizó que estos logros demuestran el compromiso de la empresa por elevar los estándares de limpieza de la industria y crear valor para los accionistas a través de la innovación y el desarrollo de la fuerza laboral.

프라임치 홀딩스 (Nasdaq: PMEC)는 2024 LOO 어워드에서 중요한 성과를 발표했으며, 그 자회사인 프라임치 A&P는 청소 및 위생 기준에서의 뛰어난 성과로 주목받았습니다. 이 회사는 베오 크레센트 마켓 & 푸드 센터에서의 뛰어난 작업으로 최고 시장상을 수상했습니다. 또한, 프라임치 A&P의 청소 직원 6명이 개인적으로 그들의 헌신에 대해 영예를 안았습니다.

LOO 어워드는 (싱가포르) 화장실 협회 주관으로 진행되며, 혁신적인 화장실 디자인, 고급 청결 관행, 기술 개발, 직원 복지 이니셔티브 및 고객 서비스 우수성을 기준으로 조직을 평가합니다. 회장 겸 CEO인 킨 와이 호는 이러한 성과가 업계 청소 기준을 향상시키고 혁신과 인력 개발을 통해 주주 가치를 창출하는 데 대한 회사의 헌신을 보여준다고 강조했습니다.

Primech Holdings (Nasdaq: PMEC) a annoncé des réalisations significatives lors des LOO Awards 2024, avec sa filiale Primech A&P obtient une reconnaissance notable pour l’excellence des normes de nettoyage et d’hygiène. L’entreprise a reçu le Prix du Meilleur Marché pour son travail exceptionnel au Beo Crescent Market & Food Centre. De plus, six des agents de nettoyage de Primech A&P ont été honorés individuellement pour leur dévouement.

Les LOO Awards, organisés par la Restroom Association (Singapour), évaluent les organisations sur la base de la conception innovante des toilettes, des pratiques de propreté avancées, du développement des compétences, des initiatives de bien-être du personnel et de l'excellence du service à la clientèle. Le président et CEO Kin Wai Ho a souligné que ces réalisations démontrent l'engagement de l'entreprise à élever les normes de nettoyage de l'industrie et à créer de la valeur pour les actionnaires grâce à l'innovation et au développement de la main-d'œuvre.

Primech Holdings (Nasdaq: PMEC) gab bedeutende Erfolge bei den LOO Awards 2024 bekannt, wobei seine Tochtergesellschaft Primech A&P bemerkenswerte Anerkennung für Exzellenz in Reinigungs- und Hygienestandards erhielt. Das Unternehmen wurde mit dem Besten Marktpreis für seine herausragende Arbeit im Beo Crescent Market & Food Centre ausgezeichnet. Darüber hinaus wurden sechs der Reinigungskräfte von Primech A&P individuell für ihr Engagement geehrt.

Die LOO Awards, organisiert von der Restroom Association (Singapur), bewerten Organisationen auf der Grundlage von innovativem Toilettendesign, fortschrittlichen Reinigungspraktiken, Kompetenzentwicklung, Mitarbeiterwohlfahrtsinitiativen und hervorragendem Kundenservice. Der Vorsitzende und CEO Kin Wai Ho betonte, dass diese Erfolge das Engagement des Unternehmens demonstrieren, die Reinigungsstandards in der Branche zu heben und durch Innovation und Entwicklung der Arbeitskräfte Shareholder-Wert zu schaffen.

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SINGAPORE, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that its subsidiary Primech A&P Pte. Ltd. (“Primech A&P”) has been recognized at the prestigious LOO (Let’s Observe Ourselves) Awards 2024, earning accolades that highlight Primech A&P’s excellence in cleaning and hygiene standards.

The LOO Awards, organized by the Restroom Association (Singapore) (RAS), recognize organizations and individuals who excel in promoting and maintaining high restroom cleanliness standards. Award criteria include innovative restroom design, implementation of advanced cleanliness practices, skill development, welfare initiatives for cleaning staff, and excellence in customer service.

Primech A&P was honored with the Best Market Award for its exceptional work at Beo Crescent Market & Food Centre, recognizing its superior hygiene standards and innovative cleanliness practices. Additionally, six of Primech A&P’s dedicated cleaning associates were honored individually for their dedication, showcasing its emphasis on workforce excellence and customer satisfaction.


Figure 1: Six of Primech A&P’s dedicated cleaning associates were honored individually at the LOO (Let’s Observe Ourselves) Awards 2024

As Primech A&P continues to set industry benchmarks in operational excellence, these achievements pave the way for future growth opportunities, both in terms of market share and revenue diversification. Primech Holdings remains steadfast in its commitment to innovation, workforce development, and sustainable practices, ensuring consistent value creation for shareholders.

Kin Wai Ho, Chairman and CEO of Primech Holdings, commented, "We are thrilled to celebrate the achievements of our remarkable cleaning associates who have been awarded the LOO Awards 2024. This prestigious recognition is a testament to their unwavering dedication, tireless hard work, and commitment to excellence. This achievement reflects our shared mission to elevate cleaning standards across the industry. Together, as one Primech family, we will continue to strive for innovation, excellence, and impactful contributions to our community.”

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. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include 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. 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 awards did Primech Holdings (PMEC) win at the LOO Awards 2024?

Primech Holdings' subsidiary Primech A&P won the Best Market Award for their work at Beo Crescent Market & Food Centre, and six of their cleaning associates received individual recognition awards.

What is the significance of the LOO Awards 2024 for Primech Holdings (PMEC)?

The LOO Awards recognize excellence in restroom cleanliness standards and highlight Primech's achievements in innovative cleaning practices, workforce development, and customer service excellence.

How many Primech Holdings (PMEC) employees were recognized at the LOO Awards 2024?

Six cleaning associates from Primech A&P, a subsidiary of Primech Holdings, were individually honored at the LOO Awards 2024 for their dedication and excellence.

What facility earned Primech Holdings (PMEC) the Best Market Award in 2024?

Primech Holdings earned the Best Market Award for their exceptional work at Beo Crescent Market & Food Centre, demonstrating superior hygiene standards and innovative cleanliness practices.

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