Update
$Primech Holdings (PMEC.US)$ Primech Holdings announced several newly signed contracts, signaling robust growth and expanding opportunities across multiple sectors. With a total value exceeding $4.3M these new agreements underscore Primech’s ongoing commitment to delivering exceptional facility services that consistently exceed each client’s and sector’s unique demands. The latest contract wins include: Secured a 5-year contract valued at $3.54M for cleaning and pest control services at a major biomedical research hub, one of Singapore’s leading research facilities. Effective from June 2024 to May 2029, this agreement strengthens Primech’s foothold in the scientific and research sector. Secured a 2-year contract effective October worth $419,160 for cleaning services with a private residential condominium development consisting of several high-rise blocks with modern facilities. This collaboration reinforces Primech’s strong presence in the residential sector and showcases its continued growth in servicing premium residential communities. Secured a 1-year contract with a residential condominium development located in the Bukit Timah area of Singapore, an upscale and well-known residential district, to provide cleaning services valued at $167,571, commencing in September. This contract adds to Primech’s already expansive portfolio of high-end residential properties. Secured a 2-year contract in July 2024 valued at $23,184 for providing cleaning services to an important non-profit social service institution that supports vulnerable individuals and families, further strengthening Primech’s role in the welfare sector.
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