Primech Holdings Ltd. · NASDAQ:PMEC
Primech — IPO Roadshow (September 2023)
22 slides from Primech's IPO roadshow presentation, Sep 13, 2023
Slide 1: Issuer Free Writing Prospectus
1 Issuer Free Writing Prospectus September 13, 2023 Filed Pursuant to Rule 433 of the Securities Act of 1933, as amended Relating to Preliminary Prospectus dated September 1, 2023 Registration Statement No. 333-264036
Slide 2: Free Writing Prospectus Statement
2 Free Writing Prospectus Statement This free writing prospectus relates to the proposed public offering of ordinary shares (“Ordinary Shares”) of Primech Holdings Ltd . (“J - Star”, “we”, “us”, or “our”) and should be read together with the Registration Statement on Form F - 1 , as amended (the “Re
Slide 3: Disclaimer – Forward Looking Statement
3 Disclaimer – Forward Looking Statement This Presentation (this “ Presentation ”) is submitted to you on a confidential basis solely for the purpose of evaluating a potential investment in Primech Holdings Ltd . (the “ Company ”) . This Presentation contains confidential information and may not be
Slide 4: Offering Summary
4 Offering Summary Issuer Primech Holdings Ltd. Securities Ordinary shares Ticker Nasdaq: PMEC Pre - Offering Shares Outstanding 32,500,000 shares Number of Shares Offered 3,050,000 Post - Offering Shares Outstanding 35,550,000 Offering Price per Share $4 - $5 Gross Proceeds $13,725,000 Use of Proce
Slide 5: Management Team
Management Team 5 Khazid Omar Hansel Loo Yew Jin Sng Kit Yu Lee Kin Wai Ho • Former Chairman of the board of directors and chief executive officer of Jimu Group ( HKEx : 8187) • Former independent director of Lapco Holdings Limited ( HKEx : 8472) CEO & Director Senior Vice President Senior Vice Pres
Slide 6: Independent Directors
Independent Directors 6 William Mirecki William Yuen Jason Chan Independent Director Independent Director Independent Director • Chairman of the audit committee of Weidai Ltd (NYSE: WEI) with over 30 years of experience in accounting • Current chief financial officer and company secretary of Neo Tel
Slide 7: Corporate Social Responsibility
Corporate Social Responsibility SUSTAINABILITY practice recycling, avoid using paper products where unnecessary; use products with a lower environmental impact in providing our cleaning services Support businesses by improving lives and strengthening communities through our business practices and et
Slide 8: Investment Highlights
8 Investment Highlights • Broad spectrum of eco - friendly cleaning services both in the public and private sectors to a variety of customers • Looking to provide new cleaning service to existing customers and expand into other countries in Southeast Asia Provides a wide spectrum of services, servin
Slide 9: Business Overview
9 Business Overview Service Lines Key Stats 33+ years in operation We are a technology driven one - stop shop primarily providing facilities services • Obtained L6 grade registrations (the highest possible license with unlimited tender) • We have built long - term customer relationships with custome
Slide 10: Key Milestones
10 Key Milestones • Acquired My All Services to expand into Malaysia • Launched the “ HomeHelpy ” application 2019 • Acquired Primech Services & Engrg , A&P Maintenance as well as Acteef Cleaning 2018 2021 • Acquired CSG and Princeston International • Awarded a tender by the Singapore government to
Slide 11: Facilities Services Segment
Facilities Services Segment 11 • Conservancy (Town Councils) - Cleaning of Public Housing • Private Residentials - Cleaning of Condominiums • Educational Institutions - Cleaning of Schools • Commercial & Tenancy - Cleaning of Offices • Hotels - Cleaning of hotel public areas & rooms • Airport - Clea
Slide 12: Stewarding / Customer Services Segment
Stewarding / Customer Services Segment 12 • For hospitals, assisting visitors of the hospital with any enquiries and providing support in respect of registering patients and carrying out authorized clearance • Cleaning of kitchen facilities of healthcare facilities, hotels and restaurants • Supply o
Slide 13: App-Based Cleaning Services for Both Offices and Homes
13 App - Based Cleaning Services for Both Offices and Homes Commercial Platform Existing Customers • We have a developed network of clients • Recurring service which generates consistent revenue • Variety of home cleaning, office cleaning, and specialized cleaning services • Offers a classic and pre
Slide 14: Our Cleaning & Hygiene Supplies
Our Cleaning & Hygiene Supplies 14 CSG Princeton International • We manufacture a variety of cleaning supplies such as hand soaps, hand soap dispensers, and cleaning fluids used for general, floor, carpet, restroom or kitchen purposes as well as treatment products used in the marine industry • We se
Slide 15: Who We Serve
Who We Serve 15 • We typically enter into service contracts for a term of two to four years • Certain service contracts contain a provision giving the customer an option to renew for an additional term of typically two years • Our goal is to serve as a one - stop shop and offer existing clients a va
Slide 16: Business Operations
Business Operations 16 Tender Submission and Quotation Invitation Process • Bid through platforms such as GeBIZ • Bid through SESAMi • Also receive requests for quotation in respect of private sector projects Execution of Plans • After the letter of award we will assemble a team of professionals per
Slide 17: Proven Industry Ability to Drive Steady Growth
Proven Industry Ability to Drive Steady Growth 17 Cleaning and Landscaping Industry Market Size (SGD million) Source: The Singapore Department of Statistics, The Housing & Development Board of Singapore Public Residential Housing Units (Units) 1,836.8 2,166 2,588.1 2,809.2 2,902.5 2,875.3 2,845.0 2,
Slide 18: Backed by Government Support
Backed by Government Support 18 • The National Environmental Agency (“NEA”) rolled out the INCUBATE ( IN novating and CU rating B etter A utomation and T echnologies for E nvironmental Services ) Programme in December 2017 to identify and tackle challenges faced by the industry with technology • Acc
Slide 19: Facilities Management Expansion Plan
19 Facilities Management Expansion Plan 01 Waste management and pest control Building up a comprehensive suite of facilities services will enable us to maintain our competitive edge 02 03 Other services We plan on expanding into customer services and may also provide security services to condominium
Slide 20: Our Long-Term Green Plan
20 Our Long - Term Green Plan Dedicated Long - Term Eco - Solutions • We believe integrating eco - solutions into our portfolio will not only expand our service capabilities, but also will transition our business towards a more innovative model Our Tender • Awarded a tender by the government to deve
Slide 21: Compelling Financial Profile
Compelling Financial Profile Revenue Highlights ($ thousands) ($ thousands) Gross Profit Highlights Revenue Mix by Service Net Income 54,440 69,026 - 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 FY 2022 FY 2023 Facilities services 81% Stewarding services 11% Cleaning services to offices (
Slide 22: Primech Holdings
PRIMECH HOLDINGS