StockWatch
·
Diversified Commercial Services
Business UpdateJun 25, 2026, 08:46 AM

Primech Secures 6 New Facility Contracts Valued at US$2.67M

AI Summary

Primech Holdings announced that its subsidiary, Primech A & P Pte. Ltd., has been awarded six new facility services contracts. These contracts are valued at approximately S$3.46 million (US$2.67 million) in aggregate, with terms ranging from one to three years. The awards strengthen Primech's presence in Singapore's premium hospitality and residential property sectors, including a luxury hotel and multiple residential developments.

Key Highlights

  • Primech's subsidiary secured six new facility services contracts.
  • Contracts are valued at approximately S$3.46 million (US$2.67 million) in aggregate.
  • Contract terms range from one to three years.
  • Awards span Singapore's premium hospitality and residential property segments.
  • Includes a landmark luxury hotel, a serviced apartment, and four residential condominiums.