JE Cleantech Unit Agrees to Sell Industrial Property in Singapore

MT Newswires Live
2024-12-18

JE Cleantech Holdings (JCSE) said Tuesday that its JCS-Echigo unit signed a deal to sell a leasehold industrial property in Singapore to a third-party buyer for about SG$7.4 million ($5.5 million).

The cleaning equipment supplier expects the deal to close by June 30, subject to certain conditions.

JE Cleantech shares were down more than 8% in recent trading.

Price: 1.40, Change: -0.13, Percent Change: -8.50

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