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

    11/21/24 8:00:00 AM ET
    $PMEC
    Diversified Commercial Services
    Consumer Discretionary
    Get the next $PMEC alert in real time by email

    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: [email protected]

    Investor Relations Contact:        

    Matthew Abenante, IRC

    President                                        

    Strategic Investor Relations, LLC                                         

    Tel: 347-947-2093

    Email: [email protected]



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    Q&A

    New
    • What award did Primech A&P receive at the LOO Awards 2024?

      Primech A&P won the Best Market Award for its exceptional work at Beo Crescent Market & Food Centre, focusing on superior hygiene standards and innovative cleanliness practices.

    • What are the criteria for the LOO Awards?

      The LOO Awards recognize organizations and individuals for excellence in restroom cleanliness standards, with criteria including innovative restroom design, advanced cleanliness practices, skill development, welfare initiatives, and customer service excellence.

    • How many cleaning associates from Primech A&P were individually honored at the LOO Awards?

      Six of Primech A&P's dedicated cleaning associates were individually recognized at the event, highlighting the company's emphasis on workforce excellence and customer satisfaction.

    • What key strategies does Primech Holdings focus on to drive future growth?

      Primech Holdings emphasizes innovation, workforce development, and sustainable practices to create consistent value for its shareholders and to set industry benchmarks in operational excellence.

    • What was the CEO's reaction to the awards received by Primech A&P?

      Kin Wai Ho, the Chairman and CEO, expressed pride in the achievements of the cleaning associates, emphasizing their dedication and the company's mission to elevate cleaning standards in the industry.

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