JE Cleantech Holdings Limited (JCSE) has released an update.
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.
For further insights into JCSE stock, check out TipRanks’ Stock Analysis page.
