Primega Group Holdings Limited's Comment on Supply Chain
The company, through its operating subsidiary Primega Construction, provides soil and rock transportation services and construction works. Primega Construction primarily serves construction contractors, especially subcontractors in private sector projects, managing excavated materials such as soil and rock during foundation excavation. These materials are transported for disposal at government waste facilities, including landfills, sorting facilities, and public fill reception facilities. The company intends to expand its services to include excavation using machinery like excavators to better control construction and demolition (C&D) materials from the source and enhance sorting, recycling, and resale processes. Construction waste producers are required to open billing accounts with the Environmental Protection Department (EPD) and pay disposal fees based on the type and weight of waste. Primega Construction focuses on reusing and recycling inert materials such as soil, rock, and concrete, which can be repurposed for construction projects, while materials like asphalt, tiles, bricks, and glass are not feasibly recycled. The company aims to reduce waste disposal by improving project management and increasing manpower to support business growth.
Primega Group Holdings Limited's Comment on Supply Chain
The company, through its operating subsidiary Primega Construction, provides soil and rock transportation services and construction works. Primega Construction primarily serves construction contractors, especially subcontractors in private sector projects, managing excavated materials such as soil and rock during foundation excavation. These materials are transported for disposal at government waste facilities, including landfills, sorting facilities, and public fill reception facilities. The company intends to expand its services to include excavation using machinery like excavators to better control construction and demolition (C&D) materials from the source and enhance sorting, recycling, and resale processes. Construction waste producers are required to open billing accounts with the Environmental Protection Department (EPD) and pay disposal fees based on the type and weight of waste. Primega Construction focuses on reusing and recycling inert materials such as soil, rock, and concrete, which can be repurposed for construction projects, while materials like asphalt, tiles, bricks, and glass are not feasibly recycled. The company aims to reduce waste disposal by improving project management and increasing manpower to support business growth.
Sources:
Primega Group Holdings Limited's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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