SINGAPORE, March 20, 2025 – Rectitude Holdings Ltd. (Nasdaq: RECT; the “Company” or “Rectitude”), a Singapore-based provider of safety equipment and related industrial products, announces the strong sales growth of its safety product brand, Hornet, in Malaysia following certification by SIRIM QAS International. As Rectitude’s Hornet brand continues to gain traction in Southeast Asia, the Company remains focused on amplifying its sales growth by providing high-quality, certified safety solutions to key end-markets in line with the Company’s long-term strategic plan.
The Hornet Full Body Harness, a safety product of Rectitude, has been granted a product certification license by SIRIM QAS International Malaysia, the country’s national testing authority. The harness meets the BS EN 361:2002 standard, ensuring its compliance with international safety regulations.
Since obtaining the certification, Rectitude has witnessed a 270% increase in sales of the Hornet Safety Full Body Harness compared with the six-month period before receiving approval. The product’s success can be attributed to its high-quality, the Company’s competitive pricing model, and consistent ability to meet safety standards. This significant growth highlights Hornet’s strong market presence and increasing adoption among distributers, retailers, and industrial clients in Malaysia.
“The certification from SIRIS QAS International is a testament to the quality and reliability of our Hornet Full Body Harness,” said Jian Zhang, Chairman, Chief Executive Officer, and Executive Director at Rectitude. “We are pleased to see such strong market demand for our safety products in Malaysia, and we anticipate continued growth as businesses prioritize high-standard safety equipment. We will continue to focus on supplying the highest quality safety products to protect workers and meet the needs of our customers.”
About Rectitude
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
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company's proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.
For investor and media inquiries, please contact:
Rectitude
Investor Relations
Email: ir@rectitude.com.sg
Zachary Mizener
Lambert by LLYC
Phone: +1 (313) 309-9514
Email: zachary.mizener@llyc.global