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 bui

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. About JE Cleantech Holdings Limited JE Cleantech Holdings Limited is based in Singapore and is principally engaged in (i) the sale of cleaning systems and other equipment; and (ii) the provision of centralized dishwashing and ancillary services. For more information

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. SINGAPORE, Nov. 01, 2024 (GLOBE NEWSWIRE) -- JE Cleantech Holdings Limited ("JE Cleantech" or "JCSE" or "the Company") (NASDAQ:JCSE), a leading Singaporean cleantech and precision engineering company, released its financial results for the six-month perio

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. Appointment of Board of Directors At the AGM, the members of the Company approved and ratified the appointment of Hong Bee Yin, Long Jia Kwang, Singh Karmjit, Tay Jingyan, Gerald, and Khoo Su Nee, Joanne as members of the Board of Directors to serve for the ensuing year. Ratification of Appointment of WWC, P.C. At the AGM, the Company's members also ap

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. Accordingly, the Company's common stock will continue to be listed on The Nasdaq Capital Market and Nasdaq considers the matter close

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. "This continuation of the stock repurchase program reflects the Board's and ma

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"). The Exception Letter stated: Accordingly, the Company is granted an exception until December 6, 2024, to effect the reverse stock split and thereafter regain compliance with the Bid Price R

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 J

Secured new orders worth over S$4.7 million for precision cleaning systems in SingaporeDeveloping autonomous cleaning robots for food and beverage establishments and industrial buildingsInvested in carbon footprint reduction with electrification of vehicle fleet and installation of solar panels SINGAPORE, May 01, 2024 (GLOBE NEWSWIRE) -- Singapore-headquartered, NASDAQ-listed precision cleaning and cleantech equipment manufacturer JE Cleantech Holdings Ltd (NASDAQ:JCSE) ("JE Cleantech" or, together with its subsidiaries, the "Group") has delivered a profitable performance in its annual report for the financial year ended December 31, 2023 ("2023 financial year"), with revenue of S$18.

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"). Receipt of the Nasdaq Notification does not result in the immediate delisting of the Company's ordinary shares and has no immediate effect on the