Primech Holdings (PMEC) Company presentation summary

Company overview and business highlights

• Leading facilities management and cleaning services provider in Singapore and Malaysia, with over 35 years in operation and a diversified service portfolio across public and private sectors.

• Holds top industry accreditations, including L6 grade registration, Clean Mark Gold Award, ISO certifications, and BIZSAFE STAR, enabling bids for large contracts.

• Serves over 70 high-profile clients, including major banks, airports, hotels, and government agencies, with long-term contracts and renewal options.

• Business segments: facilities services (77% of FY 2024 revenue), stewarding/customer services (14%), and other services including Malaysia operations and product sales (9%).

• Consistent revenue growth, with FY 2024 revenue at $72.5M and a workforce of ~3,000 employees.

Technology and innovation

• Pioneering AI-powered and automated cleaning robots, including floor scrubbers, vacuums, and bathroom cleaning robots, to enhance efficiency and service quality.

• Developed proprietary IoT sensors and Cleaning Management Software (CleanMight CMS) for real-time monitoring and resource optimization.

• HomeHelpy app offers on-demand cleaning and maintenance services for homes and offices, with ongoing upgrades to expand offerings and user experience.

Sustainability and green initiatives

• Converted entire vehicle fleet to electric, reducing carbon emissions by 14%, and installed solar panels to cut grid reliance by up to 15%.

• Manufactures and uses Green Label-certified cleaning chemicals, educates clients on eco-friendly products, and implements water-saving and energy-efficient fixtures.

• Awarded government tender as part of a consortium to develop and operate EV charging infrastructure in 150 car parks.