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JE Cleantech Holdings Completes Sale of Singapore Property for $5.68 Million

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JE Cleantech Holdings Completes Sale of Singapore Property for $5.68 Million

TipRanks Black Friday Sale

JE Cleantech Holdings Limited ( (JCSE) ) has provided an announcement.

On November 18, 2025, JE Cleantech Holdings Limited announced that its subsidiary, JCS-Echigo Pte Ltd, completed the sale of a leasehold industrial property in Singapore for approximately SGD$7.39 million (USD$5.68 million), resulting in a net gain of SGD$3.70 million (USD$2.85 million). This transaction, initially announced in December 2024, was made to an unaffiliated third party and is expected to optimize cost savings and operational benefits for the company.

The most recent analyst rating on (JCSE) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on JE Cleantech Holdings Limited stock, see the JCSE Stock Forecast page.

Spark’s Take on JCSE Stock

According to Spark, TipRanks’ AI Analyst, JCSE is a Neutral.

The overall stock score for JE Cleantech Holdings Limited is primarily influenced by its financial performance and valuation. The company’s declining revenue and low profitability margins are significant concerns, while the high dividend yield provides some appeal. Technical analysis suggests a neutral outlook with no strong momentum. The absence of earnings call and corporate events data limits further insights.

To see Spark’s full report on JCSE stock, click here.

More about JE Cleantech Holdings Limited

JE Cleantech Holdings Limited, based in Singapore, specializes in the sale of precision cleaning systems and equipment, as well as providing centralized dishwashing and ancillary services. The company serves primarily industrial customers in Singapore and Malaysia, offering advanced cleaning systems with features like particle filtration and high-pressure drying technology. It has been listed on NASDAQ since 2022.

Average Trading Volume: 77,342

Technical Sentiment Signal: Buy

Current Market Cap: $6.52M

See more data about JCSE stock on TipRanks’ Stock Analysis page.

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