JE Cleantech Holdings Limited (JCSE) has released an update.
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JE Cleantech Holdings Limited, a Singapore-based cleaning systems manufacturer, is facing delisting from the Nasdaq after failing to meet the minimum bid price requirement and not showing evidence of potential compliance. Despite an appeal and a hearing request, the company’s shares are at risk of being suspended on June 26, 2024. CEO HONG Bee Yin remains hopeful, committing to enhanced performance to meet Nasdaq’s standards.
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