Primech HoldingsPMEC
PMEC
About: Primech Holdings Ltd is a technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. The services offered by the company include Facilities services, Stewarding services, Cleaning services to offices, Cleaning services to homes, and Cleaning Supplies.
Employees: 2,744
0
Funds holding %
of 7,299 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
82% more capital invested
Capital invested by funds: $72.9K [Q4 2024] → $132K (+$59.6K) [Q1 2025]
0.16% more ownership
Funds ownership: 0.28% [Q4 2024] → 0.45% (+0.16%) [Q1 2025]
40% less funds holding
Funds holding: 5 [Q4 2024] → 3 (-2) [Q1 2025]
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Research analyst outlook
We haven’t received any recent analyst ratings for PMEC.
Financial journalist opinion
Based on 3 articles about PMEC published over the past 30 days
Neutral
GlobeNewsWire
6 days ago
Primech AI, Subsidiary of Primech Holdings Wins Robotics Category at Singapore Business Review Technology Excellence Awards 2025
SINGAPORE, June 10, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced that it has been named Winner in the Robotics category at the prestigious Singapore Business Review (SBR) Technology Excellence Awards 2025. This recognition underscores Primech AI's commitment to innovation and leadership in the robotics industry and its ongoing efforts to drive technological advancements that enhance productivity and transform industries.
Neutral
GlobeNewsWire
1 week ago
Primech AI Signs Lease Agreement with Leading Facilities Management Leader for HYTRON LITE Robot Deployment at One of Singapore's Largest Hospitals
SINGAPORE, June 03, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the signing of a two-year lease agreement with one of the leading facility management service providers for the deployment of its innovative HYTRON LITE autonomous bathroom cleaning robot at one of Singapore's largest public hospitals.
Neutral
GlobeNewsWire
2 weeks ago
Primech A&P Secures New Contracts and Extensions Worth Over $2.6 Million for Q1 2025
SINGAPORE, May 28, 2025 (GLOBE NEWSWIRE) -- Primech A & P, a subsidiary of 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 several newly secured contracts and extensions for the first quarter of 2025, with a total value exceeding $2.59 million.
Neutral
GlobeNewsWire
1 month ago
Primech Regains Compliance with Nasdaq's Minimum Bid Price Requirement
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 Nasdaq Capital Market.
Neutral
GlobeNewsWire
1 month ago
Primech AI Plans Production of 300 HYTRON Robots through its China Manufacturing Expansion
SINGAPORE, May 08, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced a significant expansion of its manufacturing capabilities through a strategic manufacturing partnership in Guangdong Province, China. The partnership will support the growing global demand for Primech AI's innovative HYTRON bathroom cleaning robots, with plans to roll out 300 robots in the initial production phase.
Neutral
GlobeNewsWire
1 month ago
Primech Holdings Announces Share Repurchase Program
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).
Neutral
GlobeNewsWire
1 month ago
Primech AI Secures Foothold in Europe's Rapidly Growing €10+ Billion Service Robotics Market Through Strategic Partnership with TCOrobotics GmbH
SINGAPORE, April 29, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced its strategic entry into the European market through a Memorandum of Understanding (MOU) with TCOrobotics GmbH, establishing a distribution framework for its innovative HYTRON, AI-powered autonomous bathroom cleaning robots across Germany, Austria, and Switzerland (DACH region).
Neutral
GlobeNewsWire
1 month ago
Primech AI Showcases HYTRON Cleaning Technology at Global Innovation Summit 2025 in Germany
SINGAPORE, April 22, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), recently participated in the prestigious Global Innovation Summit (GIS) 2025 held at HANNOVER MESSE in Hannover, Germany on April 1-2, 2025. The Company was invited by Enterprise Singapore to join a select group of innovative Singaporean companies representing the nation's technological capabilities on the global stage.
Neutral
GlobeNewsWire
2 months ago
Primech A&P Transforms Facility Services Industry with AI, Innovation, and Sustainable Growth
( Joshua Quek and Edmund Tan, Operations Managers of Primech A & P ) SINGAPORE, April 14, 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 its strategic transformation initiatives that are revolutionizing the industry through cutting-edge innovation, operational excellence, and sustainable growth strategies. "We're not just adapting to the future of facility services—we're actively creating it," said Mr.
Neutral
GlobeNewsWire
2 months ago
Primech Holdings Limited Provides Financial Updates and Corporate Highlights For the Six Months Ended September 30, 2024
SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facilities services provider in the public and private sectors operating mainly in Singapore, provides a financial and corporate update coincident with the filing of the Company's financial results for the six months ended September 30, 2024.
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