JE Cleantech Holdings Limited Announces Declaration of Cash Dividend
Rhea-AI Summary
JE Cleantech Holdings (Nasdaq: JCSE) declared a cash dividend of US$0.44 per ordinary share, payable to shareholders of record at the close of business on January 21, 2026 (New York Time). Payment is expected on or around January 28, 2026. The Board approved the dividend following sale of the company's leasehold industrial property at 17 Woodlands Sector 1, Singapore, which produced a net gain of approximately US$2.85 million over net book value.
The announcement ties the dividend to a one-time property sale gain and specifies record and expected payment dates for shareholders.
Positive
- Dividend declared at US$0.44 per ordinary share
- Record date set for January 21, 2026 (New York Time)
- Property sale net gain of approximately US$2.85 million
Negative
- Dividend funded by a one-time property sale gain of ~US$2.85 million
News Market Reaction 36 Alerts
On the day this news was published, JCSE gained 85.98%, reflecting a significant positive market reaction. Argus tracked a peak move of +128.1% during that session. Our momentum scanner triggered 36 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $6M to the company's valuation, bringing the market cap to $13M at that time. Trading volume was exceptionally heavy at 8533.4x the daily average, suggesting very strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
SINGAPORE, Jan. 05, 2026 (GLOBE NEWSWIRE) -- JE Cleantech Holdings Limited (Nasdaq: JCSE), a precision cleaning and cleantech equipment manufacturer, today announced that its Board of Directors approved a cash dividend of US
About JE Cleantech Holdings Limited
JE Cleantech Holdings Limited is based in Singapore and is principally engaged in (i) the sale of cleaning systems and other equipment; and (ii) the provision of centralized dishwashing and ancillary services. For more information about JE Cleantech, please visit our website: www.jecleantech.sg.
Contact:
Jason Long
Email address: enquiry@jecleantech.sg
Phone number: +65 63684198
Other number: +65 66029468