DealsJun 11, 2026, 08:46 AM
Primech Secures S$11.9M (US$8.8M) in New Contracts
AI Summary
Primech Holdings' subsidiaries, Primech A & P Pte. Ltd. and Maint-Kleen Pte. Ltd., have collectively secured four significant facilities services contracts with a combined value of approximately S$11.9 million (US$8.8 million). These contracts, with service periods ranging from one to three years, are expected to provide recurring revenue and enhance Primech's market presence across various high-profile commercial and institutional assets in Singapore. The awards diversify the company's customer portfolio and strengthen its long-term business visibility.
Key Highlights
- Primech subsidiaries secured four new facilities services contracts.
- The combined value of the contracts is approximately S$11.9 million (US$8.8 million).
- Service periods for the contracts range from approximately one year to three years.
- Contracts include a smart-city digital business district and a major institutional facility.
- The awards are expected to contribute recurring revenue through 2029.
- These wins strengthen Primech's market position in Singapore's facilities services industry.
Price Impact
More from PMEC