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Primech A&P, a Subsidiary of Primech Holdings, Secures Major Contract Extension Worth Over $8.3 Million
Globenewswire· 2025-07-08 12:52
Core Insights - Primech A & P, a subsidiary of Primech Holdings Limited, has announced a 2-year contract extension valued at S$10,650,000 (US$8.3 million) for comprehensive cleaning services at a prominent institution in Singapore [1][2] - This contract renewal is significant for Primech Holdings as it reinforces the company's competitive positioning in Singapore's institutional cleaning market and contributes to predictable, recurring revenue streams [2][3] Company Overview - Primech Holdings Limited is a leading provider of technology-driven facility services, serving both public and private sectors in Singapore [4] - The company offers a wide range of services, including general facility maintenance, specialized cleaning solutions, and eco-friendly practices integrated with smart technology [4]
E-Home Household Service Holdings Limited has won bids for multiple cleaning services and appliance repair projects, while also introducing AI robots for trial operation in new projects
Prnewswire· 2025-06-17 13:00
FUZHOU, China, June 17, 2025 /PRNewswire/ -- E-Home Household Service Holdings Limited (NASDAQ:EJH) (the "Company" or "eHome"), an integrated home services provider in China, announced today that it has signed cleaning service agreements with multiple projects, including Da Rongshu Property Management, and has won bids for several electrical appliance repair projects, with a total value exceeding 4 million RMB. The company has introduced AI robots into new projects and is currently conducting trial runs.Mr. ...
PRECISION CLEANING MANUFACTURER JE CLEANTECH DELIVERS HEALTHY PERFORMANCE IN 2024
Globenewswire· 2025-05-20 12:00
SINGAPORE, May 20, 2025 (GLOBE NEWSWIRE) -- Singapore-headquartered, NASDAQ-listed precision cleaning and cleantech equipment manufacturer JE Cleantech Holdings Ltd (NASDAQ: JCSE) ("JE Cleantech" or, together with its subsidiaries, the "Group") has released its annual report for the financial year ended December 31, 2024 ("2024 financial year"), with revenue of S$19.3 million, net income of S$0.03 million and adjusted EBITDA of S$2.2 million. The Group's centralized dishware washing and cleaning services se ...
Primech Regains Compliance with Nasdaq's Minimum Bid Price Requirement
GlobeNewswire News Room· 2025-05-14 13:30
SINGAPORE, May 14, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited ("Primech" or the "Company") (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that it has received notice from the Nasdaq Stock Market ("Nasdaq") on May 13, 2025 informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the "Rule") for continued listing on The N ...
Primech Regains Compliance with Nasdaq’s Minimum Bid Price Requirement
Globenewswire· 2025-05-14 13:30
Core Viewpoint - Primech Holdings Limited has regained compliance with Nasdaq's minimum bid price requirement, reflecting the resilience of its business model and commitment to growth initiatives in the facility services sector [1][2][3] Company Compliance - Nasdaq notified Primech on May 13, 2025, that it has met the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing [1] - The company was previously notified on May 14, 2024, of non-compliance due to its ordinary share failing to meet a closing bid price of $1.00 for 30 consecutive business days [2] - To regain compliance, Primech needed to maintain a minimum closing bid price of $1.00 for at least 10 consecutive trading days, which was achieved on May 12, 2025 [2] Business Model and Growth - The CEO of Primech Holdings expressed satisfaction in regaining compliance, attributing it to the resilience of the business model and the dedication of the team [3] - The company remains focused on growth initiatives, particularly in expanding its market presence through AI-powered cleaning technologies [3] Company Overview - Primech Holdings Limited is a technology-driven facility services provider based in Singapore, serving both public and private sectors [3] - The company offers a wide range of services, including general facility maintenance, specialized cleaning solutions, and eco-friendly practices integrated with smart technology [3]
Primech Holdings Announces Share Repurchase Program
GlobeNewswire News Room· 2025-05-01 12:30
SINGAPORE, May 01, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced that its Board of Directors has approved a Rule 10b-18 share repurchase program with authorization to purchase up to 20% of the Company's outstanding Ordinary Shares. The program is subject to shareholder approval at the upcoming Extraordinary General Meeting (EGM). Th ...
Lassila & Tikanoja plc: Interim Report 1 January–31 March 2025
Globenewswire· 2025-04-29 05:00
Lassila & Tikanoja plc Stock exchange release 29 April 2025 at 8:00 a.m Lassila & Tikanoja plc: Interim Report 1 January–31 March 2025 GOOD START FOR THE YEAR IN FACILITY SERVICES Unless otherwise mentioned, the figures in brackets refer to the corresponding period in the previous year. Outlook for the year 2025 Net sales in 2025 are estimated to be at the same level as in the previous year, and adjusted operating profit is estimated to be at the same level or better compared to the previous year. PRESIDENT ...