Primech Holdings (PMEC) news
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Primech Holding: Co & Primech AI deny counterclaim; believes its claims against Zhang are meritorious & intends to pursue them vigorously
Primech Holding Co. and its subsidiary, Primech AI, have denied a counterclaim filed by Zhang, asserting that their claims against the individual are both valid and substantial. The companies have indicated their intention to pursue these claims aggressively, emphasizing their belief in the merits…
AInvest Wire · Sep 24, 2026Primech Holding: Seeks to recover 292,036 shares from former CTO in Singapore lawsuit
Primech Holdings Limited (Nasdaq: PMEC) has initiated legal proceedings in Singapore to recover 292,036 shares from its former Chief Technology Officer (CTO) in a dispute related to corporate governance and shareholding agreements. The company has not disclosed the identity of the former executive…
AInvest Wire · Sep 24, 2026Primech Holdings: On Aug 7, started proceedings in Singapore against former CTO Zhang Youwei over Hytron robot development milestones and IP breaches
On August 7, 2026, Singapore-based Primech Holdings initiated legal proceedings against its former Chief Technology Officer, Zhang Youwei, over alleged breaches related to the development of the Hytron robot project. The company claims that Zhang failed to meet key development milestones and…
AInvest Wire · Sep 24, 2026Primech - Contract services expected to commence in second half of 2026
Primech Holdings Limited (Nasdaq: PMEC) has announced that its newly secured facility services contracts are expected to commence in the second half of 2026. The contracts, valued at a combined S$46.2 million (US$36.1 million), were awarded to its subsidiary, Primech A & P Pte. Ltd., and span five…
AInvest Wire · Sep 17, 2026Primech Holdings (Nasdaq: PMEC) wins US$5.78 million three-year integrated facility services contract
Primech Holdings (Nasdaq: PMEC) has secured a three-year integrated facility services contract valued at US$5.78 million[1]. The contract, which spans a range of facility management services, is expected to contribute to the company’s revenue stream over the next three years. The award reflects the…
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