Primech Holdings Ltd. (PMEC)

Primech Holdings will go public soon, but the exact IPO date is still unknown.
Stock Price: $4.00 - $5.00
Current IPO price range

Company Description

Primech Holdings is an established technology-driven facilities services provider in the public and private sectors operating mainly in Singapore.

Our mission is to support businesses by improving lives and strengthening communities through our business practices and ethics. We compete primarily in Singapore, with a small portion of our operations in Malaysia.

We provide a broad spectrum of cleaning services both to a variety of customers including the Changi Airport (the main airport in Singapore), conservancy areas, hotels, common areas, educational institutions, integrated public areas, residential spaces, office facilities, industrial areas, retail stores and healthcare facilities.

Our diversified customer mix ensures that we do not rely on any single customer for our revenue and enables us to better manage our business risks. Our technology initiatives to date include the use of autonomous floor scrubbing robots equipped with real-time monitoring and self-docking capabilities to perform cleaning services.

We are also in the exploratory stage of a collaboration for the development of drones designed to perform façade and roof cleaning services. In addition, we introduced our “HomeHelpy” website and mobile application to allow individual customers to book our cleaning services, which has enabled us to expand into the B2C segment (from our primary B2B business).

Primech Holdings Ltd.
Country Singapore
Founded 1984
Industry Industrials
Sector Commercial Services & Supplies
Employees 2,613
CEO Mr. Khazid bin Omar

Contact Details

Address:
23 Ubi Crescent 408579
Singapore
Phone +65 6286 1868
Website primechholdings.com

Stock Details

Ticker Symbol PMEC
Exchange NASDAQ
Fiscal Year April - March
Reporting Currency US Dollars
CIK Code 1891944

Key Executives

Name Position
Mr. Kin Wai Ho Chairman and Director
Mr. Khazid bin Omar Chief Executive Officer, President and Director
Mr. Hansel Loo Senior Vice President, Operations
Mr. Yew Jin Sng Senior Vice President, Business Development
Ms. Kit Yu Lee Chief Financial Officer

Latest SEC Filings

Date Type Title
Jun 16, 2022 F-1/A Registration statement for certain foreign private issuers
May 31, 2022 F-1/A Registration statement for certain foreign private issuers
Apr 29, 2022 F-1/A Registration statement for certain foreign private issuers
Mar 31, 2022 F-1 Registration statement for certain foreign private issuers
Jan 18, 2022 DRS/A Draft Registration Statement
Nov 24, 2021 DRS Draft Registration Statement