Rectitude Holdings Launches AIMS Performance Guarantee Program

Consumer Goods
Consumer Goods
Strategic Partnership
Strategic Partnership
IPO:
Jun 21, 2024
Industry:
CUTLERY, HANDTOOLS & GENERAL HARDWARE

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Rectitude Holdings Introduces AIMS Performance Guarantee Program

SINGAPORE, October 22, 2026 - Rectitude Holdings Ltd (Nasdaq: RECT), a provider of safety equipment and industrial products, announced the launch of its AIMS Performance Guarantee Program for contractors deploying SuperSun All-in-One Intelligence Microgrid System (AIMS) units under Singapore's Energy Efficiency Grant (EEG).

The pilot program is designed to encourage contractors to adopt microgrid technology by establishing baseline fuel displacement targets. It offers partial lease credits if modeled thresholds are not met during initial operations.

Key Highlights:

  • Rectitude launched a performance guarantee pilot program for SS-250D and SS-500D systems.
  • The program establishes baseline fuel displacement targets backed by partial lease credits.
  • The pilot is capped at ten deployments for fiscal year 2027 for contractors signing a minimum six-month lease or purchasing equipment.

About Rectitude Holdings Ltd.

Founded in 1997 in Singapore, Rectitude is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, gloves, safety footwear, personal fall arrest systems, portable fire extinguishers and traffic products. The Company also offers auxiliary products such as industrial hardware tools and electrical hardware required for construction sites. Rectitude’s products and solutions are marketed to a wide array of distributor networks and end markets, both in Singapore and increasingly throughout the Southeast Asian region, including Brunei, Cambodia, Malaysia, Indonesia, and Vietnam. For more information, please visit the Company’s website: https://ir.rectitude.com.sg

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