XN6.SG

JE Cleantech Holdings Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement

Retrieved on: 
Wednesday, November 1, 2023
Reverse stock split, Auction

SINGAPORE, Nov 1, 2023 - (ACN Newswire) - JE Cleantech Holdings Limited (NASDAQ: JCSE) ("JE Cleantech" or the "Company"), a Singapore-headquartered cleantech company, announced today that it has received formal notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with the minimum bid price requirement under the Nasdaq Listing Rule 5550 (a)(2) for continued listing on The Nasdaq Capital market.

Key Points: 
  • SINGAPORE, Nov 1, 2023 - (ACN Newswire) - JE Cleantech Holdings Limited (NASDAQ: JCSE) ("JE Cleantech" or the "Company"), a Singapore-headquartered cleantech company, announced today that it has received formal notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with the minimum bid price requirement under the Nasdaq Listing Rule 5550 (a)(2) for continued listing on The Nasdaq Capital market.
  • The Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum closing bid price of $1.00 per share for at least 10 consecutive business days.
  • Following the Reverse Stock Split, the daily closing bid price of the Company's ordinary shares remained above $1.00 per share for ten consecutive business days from October 16, 2023 to October 27, 2023.
  • Consequently, the Company is now in compliance with all applicable Nasdaq listing standards and the prior bid price deficiency matter is now closed.

JE Cleantech - Singapore-based Precision Cleaning Leader Sees Growth in Revenue and Net Income in H1 2023

Retrieved on: 
Tuesday, October 3, 2023
JE, Growth, US, Development, Acquisition, Recycling, Management, Renewable energy

- JE Cleantech released its H1 2023 interim results, seeing an approximately 22.5% increase in revenue and an approximately 89.8% increase in net income compared to H1 2022.

Key Points: 
  • - JE Cleantech released its H1 2023 interim results, seeing an approximately 22.5% increase in revenue and an approximately 89.8% increase in net income compared to H1 2022.
  • SINGAPORE, Oct 3, 2023 - (ACN Newswire) - JE Cleantech Holdings Limited ("JE Cleantech" or "JCSE" or "the Company") (NASDAQ: JCSE), a leading Singaporean cleantech and precision engineering company, today released its financial results for the six-month period ended June 30, 2023 ("H1 2023").
  • In H1 2023, JCSE's revenue experienced an increase of approximately 22.5% compared to H1 2022 to achieve approximately S$8.8 million (US$6.5 million) of sales.
  • "2023 has so far been a very promising year for the precision cleaning business", shared Elise Hong Bee Yin, Founder and CEO of JE Cleantech.

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

Retrieved on: 
Tuesday, September 5, 2023
OTC Bulletin Board

SINGAPORE, Sept 5, 2023 - (ACN Newswire) - JE Cleantech Holdings Limited (NASDAQ: JCSE) announced today that its Board of Directors has authorized a stock repurchase program of up to $1,000,000 of the Company's outstanding Ordinary Shares, par value $0.001 per share.

Key Points: 
  • SINGAPORE, Sept 5, 2023 - (ACN Newswire) - JE Cleantech Holdings Limited (NASDAQ: JCSE) announced today that its Board of Directors has authorized a stock repurchase program of up to $1,000,000 of the Company's outstanding Ordinary Shares, par value $0.001 per share.
  • "This new stock repurchase program reflects the Board's and management's confidence in our improving operating results, future growth prospects, and business strategy to continue to create long-term value for our shareholders," commented Elise Hong, Chairperson and Chief Executive Officer.
  • The actual timing, number, and value of shares repurchased by JCSE under the program will be determined by management at its sole discretion.
  • The repurchase program may be suspended, terminated, or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other appropriate factors.

JE Cleantech Announces Voting Results Of Its Extraordinary General Meeting

Retrieved on: 
Tuesday, September 5, 2023
Rule, Reverse stock split, Range, Auction

SINGAPORE, Sept 5, 2023 - (ACN Newswire) - JE Cleantech Holdings Limited (NASDAQ: JCSE) today announced the results of the Company's Extraordinary General Meeting of Members (the "Extraordinary Meeting") held on August 29, 2023, at the Company's offices located at 3 Woodlands Sector 1, Singapore.

Key Points: 
  • SINGAPORE, Sept 5, 2023 - (ACN Newswire) - JE Cleantech Holdings Limited (NASDAQ: JCSE) today announced the results of the Company's Extraordinary General Meeting of Members (the "Extraordinary Meeting") held on August 29, 2023, at the Company's offices located at 3 Woodlands Sector 1, Singapore.
  • At the Extraordinary Meeting, the members approved and authorized a consolidation of the Company's Ordinary Shares ("Reverse Stock Split") of the Company's issued Ordinary Shares in a range from 1 for 1.5 to 1 for 10 Ordinary Shares (the "Range").
  • The Board of Directors may elect to either: (i) effect the Reverse Stock Split; or (ii) not effect the Reverse Stock Split; within the Range at any time during the next 12 months.
  • The Company may effect the Reverse Stock Split within the Range in order to regain full compliance with the Nasdaq Stock Market LLC's ("Nasdaq") share price listing rule ("Rule").

NASDAQ-Listed JE Cleantech Announces Strong FY2022 Results on the back of Post-Opening Economic Rebound

Retrieved on: 
Monday, May 1, 2023
Automation, USD, The Company, COVID-19, Yoy, Robotics, Annual report, Cryptocurrency, Tutoring

The Group generated a net income of USD 0.9 million for the financial year ended December 31, 2022.

Key Points: 
  • The Group generated a net income of USD 0.9 million for the financial year ended December 31, 2022.
  • JE Cleantech's robust performance in the financial year ended December 31, 2022 comes on the back of a strong economic recovery in Asia following the Covid-19 pandemic lockdowns.
  • During the financial year ended December 31, 2022, JCSE completed 30 more orders and increased revenue by 26.2% to USD 13.9 million.
  • "With many hospitality businesses gradually reaching their pre-pandemic peaks, we expect our centralized dishwashing systems to see even more demand."

JE Cleantech (JCSE) Partners with Singapore-based Deep Tech Manufacturer to Develop Autonomous Cleaning Robots, Expands into Robotics Market

Retrieved on: 
Monday, February 20, 2023
Semiconductor, Clean technology, Development, Electronics, JE, JCS, Food, SGD, Partnership, Growth, Robotics, Computer data storage, Renewable energy

The entry into this new sector continues to demonstrate JE Cleantech's ability to apply its expertise to different sectors to scale and support its growth.

Key Points: 
  • The entry into this new sector continues to demonstrate JE Cleantech's ability to apply its expertise to different sectors to scale and support its growth.
  • Specifically, under this partnership, JE Cleantech will provide product specifications, cleaning and vacuum technology, manufacturing and production of robots as well as international and local marketing.
  • "We are excited to enter the new robotics market to develop advanced commercial cleaning robots.
  • With years of experience and a stable and mature performance, our cleaning technology will provide our customers with an exceptional autonomous cleaning solution.

JE Cleantech (Nasdaq: JCSE) Takes Major Step towards Carbon Neutrality with the Installation of Solar PV Systems

Retrieved on: 
Tuesday, January 31, 2023
Climate change, Solar System, Solar energy, Government, Development, Carbon, Growth, KWHS-LD, SGD, JE, Clean technology, Electricity, Renewable energy

- Singapore-based JE Cleantech completes the commissioning of solar photovoltaic systems installation at its facilities.

Key Points: 
  • - Singapore-based JE Cleantech completes the commissioning of solar photovoltaic systems installation at its facilities.
  • SINGAPORE, Jan 31, 2023 - (ACN Newswire) - JE Cleantech Holdings Limited (Nasdaq: JCSE), (the "Company"), a Singapore-based cleantech company, today announced that the Company has completed the commissioning of solar photovoltaic systems installation at its facilities.
  • The installation of the solar systems is one step further in the Company's efforts toward reducing the impact of its carbon footprint as aligned with its pledge to become carbon neutral by 2030.
  • The installation of solar systems is a milestone of JE Cleantech's support of nature conservation, pollution reduction, and climate change mitigation.

JE Cleantech (JCSE) Announces Annual General Meeting Results

Retrieved on: 
Wednesday, December 7, 2022
An Act to exempt a particular class of securities from the Securities and Exchange Act, Security (finance), Sale, News, AGM, Food

SINGAPORE, Dec 7, 2022 - (ACN 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 Shareholders (the "AGM") held on December 6, 2022, at the Company's offices located at 3 Woodlands Sector 1, Singapore 738361.

Key Points: 
  • SINGAPORE, Dec 7, 2022 - (ACN 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 Shareholders (the "AGM") held on December 6, 2022, at the Company's offices located at 3 Woodlands Sector 1, Singapore 738361.
  • At the AGM, the Company's shareholders also approved a resolution to adopt the Company's 2022 Equity Incentive Plan.
  • 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.
  • The Company also has provided centralized dishwashing services, through its subsidiary, Hygieia Warewashing Pte Ltd, since 2013 and general cleaning services since 2015, both mainly for food and beverage establishments in Singapore.

JE Cleantech (JCSE) Announces Strong Growth in Q3 2022

Retrieved on: 
Wednesday, November 30, 2022
HDD, COVID-19, Growth, Food, Q3, Earnings per share, Energy Independence and Security Act of 2007, Euromonitor International, An Act to exempt a particular class of securities from the Securities and Exchange Act, JE, Security (finance), News, Sale, Research, Audit, F&B, Reinsurance, Health insurance, Renewable energy

During the reporting period, the Company has maintained strong growth in its overall business performance with revenue that more than doubled and a strong turnaround in net income.

Key Points: 
  • During the reporting period, the Company has maintained strong growth in its overall business performance with revenue that more than doubled and a strong turnaround in net income.
  • Ms. Bee Yin Hong, CEO and Founder, JE Cleantech said, "We are excited to announce that JE Cleantech has performed well during Q3 2022.
  • Our Q3 results reflect our strong focus on exploiting the rapid recovery of the electronic manufacturing and F&B sectors.
  • JE Cleantech has been providing centralized dishwashing services in Singapore since 2013, for customers in various industries, including HDD manufacturing, semiconductor manufacturing, food and beverage, and public transportation.