JE Cleantech Holdings Ltd

JE Cleantech Holdings Ltd. engages in the sale of cleaning systems and other equipment and the provision of centralized dishwashing and ancillary services. The firm designs, develops, manufactures and sells cleaning systems for various industrial end-use applications to customers mainly in Singapore and Malaysia. It is also a centralized dishwashing services provider in Singapore. he company was founded on January 29, 2019 and is headquartered in Singapore.

JE Cleantech Holdings Ltd. engages in the sale of cleaning systems and other equipment and the provision of centralized dishwashing and ancillary services. The firm designs, develops, manufactures and sells cleaning systems for various industrial end-use applications to customers mainly in Singapore and Malaysia. It is also a centralized dishwashing services provider in Singapore. The company was founded by Hong Bee Yi in November 1999 and is headquartered in Singapore.

Singapore, Dec. 17, 2024 (GLOBE NEWSWIRE) -- JE Cleantech Holdings Limited (NASDAQ: JCSE) announced today that JCS-Echigo Pte Ltd, a wholly-owned subsidiary of JE Cleantech Holdings Limited, has entered into an option to purchase agreement with an independent and third party purchaser for the sale of its leasehold industrial property located at 17 Woodlands Sector 1 Singapore 738354 (the “Industrial Property”) for SGD7,393,000 (USD5,480,000) with the expected completion date of the transaction to occur by June 30, 2025. An initial deposit equivalent to five percent of the selling price amounting to SGD369,650 (USD274,000) has been collected by our subsidiary. The sale of this industrial building will give rise to a net gain of approximately SGD3.7 million (USD2.7 million) over the net book value upon completion. Nonetheless, the completion of this sale is conditioned mainly upon complying with the terms and conditions in obtaining consent from the lessor of the industrial property to the sale, transfer and/or assignment of the property and the unexpired leasehold interest in the industrial property to the purchaser.

JE Cleantech Holdings Limited Announces Option Agreement to Sell One of its Industrial Properties

SINGAPORE, Nov. 29, 2024 (GLOBE NEWSWIRE) -- JE Cleantech Holdings Limited (Nasdaq: JCSE), a precision cleaning and cleantech equipment manufacturer, today announced that its Board of Directors approved a cash dividend of US$0.09 per ordinary share. The dividend is payable to shareholders of record at the close of business on December 10, 2024 (New York Time). The payment date is expected to be on or around December 20, 2024.

JE Cleantech Holdings Limited Announces Declaration of Cash Dividend

JE Cleantech released its H1 2024 interim results, seeing a 21.9% increase in revenue and a 114.3% increase in net income compared to H1 2023. The H1 2024 results reflected JE Cleantech's efforts since the last financial year to continue its trajectory to retaining its solid customer base for the precision cleaning systems and leveraging its expanded customer base through strategic efforts in provision of centralized dishwashing business.

JE Cleantech - Singapore-based Precision Cleaning Manufacturer Sees Growth in Revenue and Net Income in H1 2024

SINGAPORE, Sept. 23, 2024 (GLOBE NEWSWIRE) -- JE Cleantech Holdings Limited (Nasdaq: JCSE), (“the Company”) a Singapore-based cleantech company, today announced the results of the Company's Annual General Meeting of Members (the “AGM”) held on September 20, 2024, at the Company's offices located at 3 Woodlands Sector 1, Singapore 738361.

JE Cleantech (JCSE) Announces Annual General Meeting Results

SINGAPORE, Aug. 29, 2024 (GLOBE NEWSWIRE) -- JE Cleantech Holdings Limited (Nasdaq: JCSE), a precision cleaning and cleantech equipment manufacturer, announced that on August 27, 2024, it received a letter (the “Compliance Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”). The Compliance Letter informed the Company that it had regained compliance with Nasdaq's bid price requirement (the “Bid Price Requirement”) in Listing Rule 5550(a)(2), as required by the Hearing Panel's (the “Panel”) decision dated July 15, 2024.

JE Cleantech Holdings Limited Announces Regaining of Compliance with the Bid Price Requirement to Continue Listing on Nasdaq

SINGAPORE, July 23, 2024 (GLOBE NEWSWIRE) -- JE Cleantech Holdings Limited (NASDAQ: JCSE) announced today that JCSE is continuing its stock repurchase program. On September 6, 2023, the Company announced that its Board of Directors had authorized a stock repurchase program of up to $1,000,000 of the Company's outstanding Ordinary Shares. As of July 19, 2024, the Company had repurchased 38,406 shares at an average purchase price of USD$1.02 or a total of approximately USD$39,175. The available amount that the Company's management is authorized to repurchase is up to USD$960,825 of the Company's Ordinary Shares.

JE Cleantech Holdings Limited Announces Continuation of $1,000,000 Stock Repurchase Program

SINGAPORE, July 16, 2024 (GLOBE NEWSWIRE) -- JE Cleantech Holdings Limited (Nasdaq: JCSE), a precision cleaning and cleantech equipment manufacturer, announced that on July 15, 2024, it received a letter (the “Exception Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”). The Exception Letter gave the Company a temporary exception to regain compliance with The Nasdaq Stock Market LLC's (“Nasdaq” or the “Exchange”) Listing Rule 5550(a)(2) (the “Bid Price Rule”).

JE Cleantech Holdings Limited Announces Grant of Temporary Exception to remain listed on Nasdaq

SINGAPORE, June 20, 2024 (GLOBE NEWSWIRE) -- JE Cleantech Holdings Limited (Nasdaq: JCSE), a manufacturer of a broad range of cleaning systems, announced that on June 17, 2024, it received a letter (the “Determination Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”). The Determination Letter indicated that, as previously notified by Nasdaq on December 14, 2023, the bid price of the Company's listed security had closed at less than $1 per share over the previous 30 consecutive business days and, as a result, did not comply with Listing Rule 5550(a)(2) (the “Rule”). In accordance with the Rule, the Company was provided 180 calendar days, or until June 11, 2024, to regain compliance with the Rule

JE Cleantech Holdings Limited Announces Receipt of NASDAQ Determination Letter

SINGAPORE, Dec. 19, 2023 (GLOBE NEWSWIRE) -- JE Cleantech Holdings Limited (Nasdaq: JCSE), a manufacturer of a broad range of cleaning systems, announced that on December 14, 2023, it received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (the “Nasdaq Notification”). The Notification stated that the Company's ordinary shares failed to maintain a minimum bid price of $1.00 over the last 30 consecutive business days as required by Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).

JE Cleantech Holdings Limited Announces Receipt of NASDAQ Notification Regarding Minimum Bid Price Deficiency

SINGAPORE, Oct. 13, 2023 (GLOBE NEWSWIRE) -- JE Cleantech Holdings Limited (NASDAQ: JCSE) announced today that it will effect a share consolidation (“Reverse Stock Split”) of its Ordinary Shares at a ratio of 1-for-3, effective as of 11:59 pm on October 13, 2023 (the “Effective Time”), in order to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq's Marketplace Rule 5450(a)(1). The Company's Ordinary Shares are expected to begin trading on a Reverse Stock Split adjusted basis on Nasdaq as of the open of trading on October 16, 2023,  under the existing ticker symbol “JCSE.”

JE Cleantech Holdings Limited Announces Share Consolidation/Reverse Stock Split to Regain NASDAQ Compliance

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SINGAPORE, April 26, 2022 /PRNewswire/ -- JE Cleantech Holdings Limited (Nasdaq: JCSE) (the "Company"), a Cayman Islands exempted company that is based in Singapore, today announced the closing of its firm commitment initial public offering of 3,020,000 ordinary shares (which includes 20,000 shares of the over-allotment) at a public offering price of $4.00 per share, for total gross proceeds of approximately $12.08 million before deducting underwriting discounts, commissions and other related expenses. Additionally, in connection with the initial public offering, a selling shareholder sold 750,000 ordinary shares at $4.00 per share, for total gross proceeds of $3.0 million before deducting underwriting discounts, commissions and other related expenses.

JE Cleantech Holdings Limited Announces Closing of Initial Public Offering

Shares are Expected to Commence Trading on April 22, 2022 on the Nasdaq Capital Market as "JCSE" SINGAPORE , April 22, 2022 /PRNewswire/ -- JE Cleantech Holdings Limited (Nasdaq: JCSE) (the "Company"), a Cayman Islands exempted company that is based in Singapore, today announced the pricing of its firm commitment initial public offering of 3,000,000 ordinary shares at a public offering price of $4.00 per share, for total gross proceeds of $12 million before deducting underwriting discounts, commissions and other related expenses. Additionally, in connection with the initial public offering, a selling shareholder is selling 750,000 ordinary shares at $4.00 per share, for total gross proceeds of $3.0 million before deducting underwriting discounts, commissions and other related expenses.

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