SINGAPORE, March 13, 2025 – Rectitude Holdings Ltd. (Nasdaq: RECT; the “Company” or “Rectitude”), a Singapore-based provider of safety equipment and related industrial products, announced partnerships with BOSCH, a leading supplier in technology and services, and AkzoNobel NV (OTCMKTS: AKZOY), a global leader in paints and coatings, commencing in January and February, respectively. These partnerships position Rectitude as a comprehensive provider of safety equipment and industrial supplies in Singapore, offering customers an expanded selection of top-quality tools and paints from industry-leading brands.
Through its partnership with BOSCH, Rectitude now offers a range of high-quality power tools and small machinery, including drills and screwdrivers, directly in its retail stores. By securing volume pricing from BOSCH, Rectitude can make BOSCH’s trusted products more affordable and accessible to its consumers. Carrying BOSCH’s products in-store strengthens Rectitude’s product lineup, allowing local customers to purchase premium tools conveniently and directly from a reliable local source. The BOSCH relationship reinforces Rectitude’s commitment to being a valued partner to its customers, providing top-tier industrial and safety equipment at competitive prices.
Rectitude’s partnership with AkzoNobel enables the Company to offer ICI’s Dulux paints through its retail shops. With access to a specialized paint-mixing machine sourced from AkzoNobel, Rectitude can create custom colors based on precise codes, ensuring consistency and quality. Customers can now purchase exclusive paints from Rectitude that are typically only available at paint shops. With volume pricing and rebate, Rectitude can offer these paints at the same competitive pricing, enhancing Rectitude’s product range and making premium paints more accessible and convenient for its customers.
“Our partnerships with industry leaders like AkzoNobel and BOSCH reinforce our commitment to providing top-tier branded products at competitive prices,” said Jian Zhang, Chairman, Chief Executive Officer, and Executive Director at Rectitude. “By expanding our offerings with premium paints and reliable tools, we are making it easier for customers in Singapore to access the best products under one roof.”
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
About AkzoNobel NV
AkzoNobel supplies the sustainable and innovative paints and coatings that our customers, communities – and the environment – are increasingly relying on. Its world class portfolio of brands – including Dulux, International, Sikkens and Interpon – is trusted by customers around the globe. It is active in more than 150 countries and have set our sights on becoming the global industry leader. It’s what you’d expect from a pioneering paints company that’s committed to science-based targets and is taking genuine action to address globally relevant challenges and protect future generations.
About BOSCH
Robert Bosch GmbH (South East Asia) Pte Ltd is a regional subsidiary of the BOSCH Group, representing the Group’s interests in Southeast Asia, where it is present in all ASEAN member countries. Business operations in these countries report to Robert Bosch (SEA) Pte Ltd, located in Singapore. BOSCH has been in Singapore since 1923, with diversified businesses in Mobility Aftermarket, Power Tools, Building Technology, Drive and Control Technology, Home Comfort, as well as Software and Systems Solutions. The Asia Pacific headquarters for its Mobility Aftermarket, Building Technology and Bosch Software Innovations businesses, as well as operations for Corporate Research and Advance Engineering, and Information Technology, are part of Robert Bosch (SEA) Pte Ltd.
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
Jackson Lin
Lambert by LLYC
Phone: +1 (646) 717-4593
Email: jian.lin@llyc.global