Primech Holdings Ltd (PMEC)

Primech Holdings Ltd., through its subsidiaries, operates as a technology-driven facilities services and AI robotics company that provides facilities and stewarding services for the public and private sectors in Singapore and Hong Kong. The company offers conservancy areas cleaning services, including daily cleaning of common areas within town councils, monthly block washing, and quarterly fogging of bin chutes; educational institutions cleaning services, such as cleaning of schools; airport cleaning services; cleaning of hotels, public spaces and roads, condominium common areas and facilities, offices, industrial areas, and retail stores; and marble polishing services, external façade cleaning for exteriors of buildings, and stewarding and clean room cleaning services. It also developing HYTRON, an autonomous restroom-cleaning robot combining AI perception with robotic manipulation. HYTRON has been commercially deployed in Singapore, with international expansion underway, including a distribution agreement in South Korea and market-entry activities in the United States. Primech Holdings Ltd. provides waste management services, such as the collection, transportation, and disposal of general waste, and sorting of waste for recycling, as well as pest control services comprising the remediation and prevention of infestations of rodents, insects, birds, and other pests. In addition, the company offers horticultural maintenance services, such as weeding, fertilizing, mowing, and irrigation; supports registering patients, and crowd control, as well as carrying out authorized clearance; stewarding services, including cleaning of kitchen equipment and dishwashing, room attendant services, and public area cleaning services to educational institutions, healthcare facilities, hotels and other hospitality venues, and restaurants; and cleaning services to offices. Further, it operates HomeHelpy, a digital home-services booking platform that allows individual customers to book cleaning services in homes and offices; floor mats; and manufactures and sells cleaning supplies, such as hand soaps, hand soap dispensers, cleaning fluids, and garbage bags used for general, floor, carpet, restroom, and kitchen purposes, as well as treatment products used in the marine industry under the D’Bond brand name. The company was formerly known as Primech Holdings Pte. Ltd. and changed its name to Primech Holdings Ltd. in April 2022. The company was incorporated in 2020 and is headquartered in Singapore. Primech Holdings Ltd. is a subsidiary of Sapphire Universe Holdings Limited.