JE

Pelico Raises $18.5M to Help Manufacturers Manage Factory Operations in an Increasingly Complex & Volatile Context

Retrieved on: 
Tuesday, November 15, 2022

Supply chain and manufacturing have become more complex than ever, with volatile demand, fragmented supply chains and an increasing complexity in products.

Key Points: 
  • Supply chain and manufacturing have become more complex than ever, with volatile demand, fragmented supply chains and an increasing complexity in products.
  • Pelico acts as an operations management system for factory teams.
  • The Covid crisis has created new challenges and an explosion of last-minute unplanned issues in factory operations and production planning.
  • Pelicos operations management system connects factory teams to manage daily volatility and deliver products on time, at cost.

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

Retrieved on: 
Friday, November 4, 2022

SINGAPORE, Nov 4, 2022 - (ACN Newswire) - JE Cleantech Holdings Limited (Nasdaq: JCSE), a manufacturer of a broad range of cleaning systems, announced that on November 3, 2022, it received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (the "Nasdaq Notification").

Key Points: 
  • SINGAPORE, Nov 4, 2022 - (ACN Newswire) - JE Cleantech Holdings Limited (Nasdaq: JCSE), a manufacturer of a broad range of cleaning systems, announced that on November 3, 2022, 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").
  • Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days from the date of the Nasdaq Notification, or until May 2, 2023, to regain compliance with the Minimum Bid Requirement.
  • Receipt of the Nasdaq Notification has no effect on the Company's business operations.

KidneyIntelX Clinical Utility and Health Economics Validated in Multiple Data Releases at American Society of Nephrology

Retrieved on: 
Monday, October 17, 2022

The new model with plasma sTNFR1, sTNFR2, and KIM-1 combined with clinical variables accurately risk-stratified AAs with and without APOL1 risk genotype for kidney outcomes.

Key Points: 
  • The new model with plasma sTNFR1, sTNFR2, and KIM-1 combined with clinical variables accurately risk-stratified AAs with and without APOL1 risk genotype for kidney outcomes.
  • Thursday, November 3, 2022 from 10:00 AM to 12:00 PM at the Exhibit Hall, Orange County Convention Center.
  • Initial results suggest that despite similar median eGFR and median UACR levels, African American patients tested with KidneyIntelX were three times more likely to be scored as high risk.
  • KidneyIntelX has received Breakthrough Device Designation from the U.S. Food and Drug Administration and Renalytix has submitted for De Novo marketing authorization.

JE Cleantech (JCSE) Announces Results for H1 2022, Revenue of S$7.2 Million and Net Income of S$147,000

Retrieved on: 
Wednesday, August 31, 2022

Net income for the reporting period has been S$147,000, lower than the S$616,000 reported for the first six months of 2021.

Key Points: 
  • Net income for the reporting period has been S$147,000, lower than the S$616,000 reported for the first six months of 2021.
  • JE Cleantech is well positioned to capture growth opportunities.
  • We are actively widening our product offerings and exploring new markets to bring sustainable returns to our shareholders and investors."
  • The contract, which has been closed through its subsidiary, Hygieia Warewashing Pte Ltd., is valued at approximately S$9.3 million (around US$6.7 million).

Valneva Provides Update on IXIARO® Supply Contract with U.S. Department of Defense

Retrieved on: 
Thursday, August 18, 2022

Due to the past and ongoing impact of the COVID-19 pandemic on its operations, the DoD considers its existing IXIARO supply levels sufficient to meet current needs.

Key Points: 
  • Due to the past and ongoing impact of the COVID-19 pandemic on its operations, the DoD considers its existing IXIARO supply levels sufficient to meet current needs.
  • The DoD has communicated an interest in negotiating a new supply contract in 2023, once inventory returns to standard levels.
  • The DoD has relied on IXIARO since 2010 to help protect personnel who are deployed to JE endemic areas, for whom JE vaccination is recommended.
  • Thomas Lingelbach, President and Chief Executive Officer of Valneva, commented: We thank the DoD for their partnership and look forward to further contract negotiations in the future.

Singapore NASDAQ Listed Precision Cleaning Systems Manufacturer And A Provider of Centralized Dishwashing And Ancillary Services, JE Cleantech Holdings Rings Closing Bell

Retrieved on: 
Monday, August 1, 2022

SINGAPORE, Aug 1, 2022 - (ACN Newswire) - JE Cleantech Holdings Limited (Nasdaq: JCSE), (the "Company"), Singapore's leading manufacturer of precision cleaning systems and a provider of centralized dishwashing and ancillary services, recently rang the closing bell of the NASDAQ stock exchange.

Key Points: 
  • SINGAPORE, Aug 1, 2022 - (ACN Newswire) - JE Cleantech Holdings Limited (Nasdaq: JCSE), (the "Company"), Singapore's leading manufacturer of precision cleaning systems and a provider of centralized dishwashing and ancillary services, recently rang the closing bell of the NASDAQ stock exchange.
  • JE Cleantech is a Singapore-based manufacturer of precision cleaning systems and a provider of centralized dishwashing and ancillary services in Singapore and Malaysia.
  • The company also recently made its first foray into the tech hardware industry, securing its first contract to develop precision cleaning systems for a sensor products manufacturer.
  • 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.

JE Cleantech Secures More Than US$700,000 in New Orders During the First Half of 2022, Expands Capabilities into Tech Hardware

Retrieved on: 
Thursday, July 14, 2022

Under this new order, the group will design, develop and manufacture a new precision cleaning system under the customer's specified requirements.

Key Points: 
  • Under this new order, the group will design, develop and manufacture a new precision cleaning system under the customer's specified requirements.
  • The new order is valued at approximately US$700,000 and represents an expansion of JE Cleantech Holding's presence in the tech hardware industry.
  • With the new precision cleaning system by JCSE, the new customer will be able to deliver better services to its customers.
  • The Company is looking to further expand its product portfolio and increase the size of its R&D and engineering team.

MiddleGround Capital Completes Fourth Add-On Acquisition of TMG Performance Products for Its Race Winning Brands Platform

Retrieved on: 
Thursday, June 30, 2022

MiddleGround Capital, an operationally-focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is thrilled to announce the acquisition TMG Performance Products (TMG) through its platform Race Winning Brands (RWB).

Key Points: 
  • MiddleGround Capital, an operationally-focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is thrilled to announce the acquisition TMG Performance Products (TMG) through its platform Race Winning Brands (RWB).
  • The transaction marks MiddleGrounds fourth add-on acquisition by RWB since the firm acquired the platform in December 2021.
  • TMG is made up of three brands: CORSA Performance, Volant Performance and CORSA Marine.
  • TMG Performance Products (TMG) is a designer and manufacturer of branded performance exhaust and air intakes for aftermarket automotive and marine enthusiast.

Just Energy Announces Transfer of Listing from the TSX Venture Exchange to the NEX

Retrieved on: 
Thursday, May 19, 2022

As previously reported, FTI Consulting Canada Inc. (the Monitor) is overseeing the Company's CCAA proceedings as the court-appointed Monitor.

Key Points: 
  • As previously reported, FTI Consulting Canada Inc. (the Monitor) is overseeing the Company's CCAA proceedings as the court-appointed Monitor.
  • About Just Energy Group Inc.
    Just Energy is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions, carbon offsets and renewable energy options to customers.
  • Just Energy is the parent company of Amigo Energy, Filter Group, Hudson Energy, Interactive Energy Group, Tara Energy, and Terrapass.
  • Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

JE Cleantech Holdings Limited Announces Closing of Initial Public Offering

Retrieved on: 
Wednesday, April 27, 2022

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.

Key Points: 
  • 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.
  • The offering of these securities was made only by means of a prospectus, forming a part of the registration statement.
  • 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.
  • This press release contains forward-looking statements, including with respect to the expected closing of the Company's proposed initial public offering.