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Primech Holdings Ltd. ( (PMEC) ) has provided an announcement.
On March 4, 2025, Primech Holdings Limited announced a strategic partnership between its subsidiary, Primech AI Pte. Ltd., and CCG Property Services to launch an AI-powered toilet cleaning robot named HYTRON in Hong Kong. This initiative marks the beginning of Primech AI’s global expansion of its Robotics as a Service (RaaS) model, aiming to deploy 300 cleaning robots across Singapore, Hong Kong, and Dubai. The collaboration with CCG Property Services, part of the Chinachem Group, highlights Primech AI’s commitment to revolutionizing the cleaning industry with cutting-edge technology, enhancing operational efficiency, and addressing industry challenges like labor shortages and hygiene standards.
More about Primech Holdings Ltd.
Headquartered in Singapore, Primech Holdings Limited is a leading provider of technology-driven facilities services, catering to both public and private sectors. The company offers a wide range of services, including advanced facility maintenance, specialized cleaning solutions, and eco-friendly practices, positioning itself as a leader in the industry.
YTD Price Performance: 5.80%
Average Trading Volume: 639,745
Technical Sentiment Consensus Rating: Sell
See more data about PMEC stock on TipRanks’ Stock Analysis page.