Primech Secures Major New Contracts, Paving the Way for Future Growth With A Total Value Exceeding $4.3M
Portfolio Pulse from Benzinga Newsdesk
Primech Holdings Limited (NASDAQ:PMEC) has secured new contracts worth over US$4.3 million, indicating strong growth in various sectors including biomedical research, residential, and social services in Singapore.
October 02, 2024 | 12:16 pm
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Primech Holdings Limited has announced new contracts exceeding US$4.3 million, enhancing its presence in the biomedical, residential, and social service sectors in Singapore. These contracts are expected to drive future growth and expand their service offerings.
The announcement of new contracts totaling over US$4.3 million is a positive indicator of growth for Primech Holdings. The contracts span multiple sectors, including a significant 5-year deal in the biomedical research sector, which is likely to enhance revenue streams and market presence. This news is expected to positively impact the stock price in the short term.
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