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JE Cleantech Holdings Limited has announced an agreement to sell its industrial property in Singapore for SGD7.39 million. The sale, expected to complete by June 2025, is anticipated to generate a net gain of approximately SGD3.7 million over the property’s book value. The transaction is expected to enhance operational efficiencies by consolidating manufacturing and dishwashing operations, leading to cost savings and improved management.JE Cleantech Holdings Limited, based in Singapore, is engaged in the sale of cleaning systems and other equipment, as well as providing centralized dishwashing and ancillary services. The company designs and manufactures precision cleaning systems for industrial use, primarily servicing customers in Singapore and Malaysia, and also offe","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/EBXwKAyoHLv99HmdFeB_4Q--~B/aD0xOTI7dz0xOTI7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/tipranks_452/8930dffd5678eba8c60d76d85784e312","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/EBXwKAyoHLv99HmdFeB_4Q--~B/aD0xOTI7dz0xOTI7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/tipranks_452/8930dffd5678eba8c60d76d85784e312"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/je-cleantech-holdings-sell-singapore-113106559.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/je-cleantech-holdings-sell-singapore-113106559.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4161","JCSE"],"gpt_icon":0},{"id":"2492903679","title":"BRIEF-Je Cleantech Holdings Limited Announces Option Agreement To Sell One Of Its Industrial Properties","url":"https://stock-news.laohu8.com/highlight/detail?id=2492903679","media":"Reuters","labels":["corporation","event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492903679?lang=en_us&edition=fundamental","pubTime":"2024-12-18 04:40","pubTimestamp":1734468038,"startTime":"0","endTime":"0","summary":"BRIEF-Je Cleantech Holdings Limited Announces Option Agreement To Sell One Of Its Industrial PropertiesDec 17 (Reuters) - JE Cleantech Holdings Ltd JCSE.O:JE CLEANTECH HOLDINGS LIMITED ANNOUNCES OPTIO","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241217:nTUA1VBSSY:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"corporation,event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4161","JCSE"],"gpt_icon":0},{"id":"2492621119","title":"JE Cleantech Unit Agrees to Sell Industrial Property in Singapore","url":"https://stock-news.laohu8.com/highlight/detail?id=2492621119","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492621119?lang=en_us&edition=fundamental","pubTime":"2024-12-18 00:13","pubTimestamp":1734451984,"startTime":"0","endTime":"0","summary":"JE Cleantech Holdings  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 .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","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4161","JCSE","CFA.SI"],"gpt_icon":0}],"pageSize":4,"totalPage":4,"pageCount":1,"totalSize":15}]}}