Rectitude Holdings Signs MOU With Vantage Equipment For Rental And Supply Of Rectitude's Power Storage System And Construction Equipment Across Southeast Asia And Middle East

• Intends to establish three-year partnership with Vantage for the rental and supply of power storage systems and construction equipment across Southeast Asia and the Middle East
• Expects to generate approximately SGD $10 million in annual rental income for the next three years, supporting Rectitude's continued expansion in the green energy sector
• Builds on successful collaborations with Pansik and Agentis, further advancing the Super Sun energy storage initiative and regional market growth
   

SINGAPORE, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Rectitude Holdings Ltd. (NASDAQ:RECT, the "Company" or "Rectitude"))), a Singapore-based provider of safety equipment and related industrial products, today announced it has signed a memorandum of understanding ("MOU") with Vantage Equipment & Services Pte Ltd ("Vantage"), a provider of construction equipment rental services in Singapore, for the rental and supply of Rectitude's power storage system and construction equipment across Southeast Asia and the Middle East. The MOU is non-binding and serves as a framework for potential collaboration. The MOU officially took effect on November 5, 2025, and will end on November 4, 2028.

Building upon Rectitude's recent collaborations with Pansik and Agentis, this agreement marks the latest milestone in the Company's growing presence in the green energy sector. The MOU with Vantage aims to accelerate the adoption of Rectitude's Super Sun energy storage systems and broaden their accessibility through regional rental and supply networks. If implemented as contemplated, over the next three years, the potential collaboration is expected to generate approximately SGD $10 million in annual rental income while enhancing operational efficiency and sustainability across key industries, including construction, shipbuilding, and oil refining. Together, Rectitude and Vantage will combine their expertise in energy storage and heavy equipment maintenance to deliver integrated, energy-efficient solutions that meet the needs of industrial clients throughout Southeast Asia and the Middle East.