Cyber fraud delays JE Cleantech (Nasdaq: JCSE) dividend and costs $794k

Rhea-AI Filing Summary

JE Cleantech Holdings Limited reports a cybersecurity-related fraud that blocked payment of a previously declared cash dividend and caused a loss of USD794,934.04 (about S$1,009,000). A fraudulent email impersonating The Depository Trust Company provided false wire instructions, so DTC never received the funds and street‑name shareholders were not paid.

The company has reported the incident to the IC3, the Singapore Police Force, and the relevant banks, and its internal IT security team is preserving evidence and reviewing the breach. JE Cleantech states it will endeavor to satisfy the dividend payment by this month and notes there has been no significant impact on its business and operations, which continue as usual.

Positive

• None.

Negative

• Loss of USD794,934.04 and delayed dividend payment due to payment fraud, highlighting a cybersecurity and treasury-control weakness even though the company states operations remain unaffected.

Insights

Cybersecurity and corporate governance analyst

JE Cleantech suffered a targeted payment fraud impacting a dividend but reports operations remain unaffected.

JE Cleantech Holdings describes a cybersecurity incident where a fraudulent email, purporting to be from DTC, redirected funds intended for a cash dividend. This resulted in a loss of USD794,934.04 and non-payment to street‑name shareholders, indicating a weakness in payment verification controls around wire instructions.

The company has involved the IC3, the Singapore Police Force, and both sending and receiving banks, and its internal IT team is documenting the breach and preserving evidence. Management emphasizes a rigorous review of the incident and states there has been no significant impact on the Group’s business and operations, which continue as usual.

JE Cleantech plans to satisfy the dividend payment by this month, which, if completed, would address the immediate shareholder cash shortfall. Future disclosures may clarify any enhancements to cybersecurity and treasury procedures arising from this event and whether insurance or recoveries offset the USD794,934.04 loss.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

For February 9, 2026

Commission File Number: 001-41335

JE CLEANTECH HOLDINGS LIMITED

(Exact name of Registrant as specified in its charter)

Cayman Islands

(Jurisdiction of incorporation or organization)

3 Woodlands Sector 1

Singapore 738361

(Address of principal executive offices)

Bee Yin Hong, CEO

Tel: +65 6368 4198

Email: Elise.hong@jcs-echigo.com.sg

3 Woodlands Sector 1

Singapore 738361

(Name, Telephone, email and/or fax number and address of Company Contact Person)

Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Note : Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

CYBERSECURITY INCIDENT

On February 7, 2026 (Singapore time), JE Cleantech Holdings Limited (Nasdaq: JCSE) (“JCSE” or “the Company” and together with its subsidiaries, “the Group”) discovered that it had been the victim of fraud in connection with its payment of a previously declared cash dividend. The fraud was carried out by means of a fraudulent email, purporting to be from The Depository Trust Company (“DTC”), that contained false wire instructions. As a result of the fraud, DTC never received the funds, the dividend was not paid to JCSE’s street-name shareholders, and the Company lost the amount of USD794,934.04 (approximately S$1,009,000). The Company will endeavor to satisfy the dividend payment by this month.

The fraud has been reported to the U.S. Federal Bureau of Investigation’s Internet Crime Complaint Center (the “IC3”) and the Singapore Police Force as well as to both the sending and the receiving banks. JCSE has addressed the cybersecurity incident with its internal IT security team, documented every aspect of the cybersecurity breach, and is preserving any and all evidence, including such documentation. The Group takes cybersecurity extremely seriously and as part of this process, it is conducting a rigorous review of the cybersecurity incident.

There has been no significant impact on the Group’s business and operations arising from this cybersecurity incident. The Group’s business and operations continue to be operational as usual. Ms. Hong, the Chief Executive Officer of JCSE, states that “JCSE is closely monitoring the cybersecurity incident with all enforcement agencies, regulators and banking authorities, and the investigation regarding the incident is ongoing. In addition, as part of our ongoing commitment to transparency to our investors, customers, and other stakeholders, we shall provide additional updates should there be any other material developments.”

Exhibits

None

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	JE CLEANTECH HOLDINGS LIMITED (Registrant)
Date: February 9, 2026	By:	/s/ LONG Jia Kwang
		LONG Jia Kwang, Chief Financial Officer and Secretary

FAQ

What cybersecurity incident did JE Cleantech Holdings (JCSE) report?

JE Cleantech reported that a fraudulent email impersonating The Depository Trust Company provided false wire instructions, diverting funds meant for a cash dividend. As a result, DTC never received the money and the dividend was not paid to street‑name shareholders.

How much did JE Cleantech (JCSE) lose in the dividend payment fraud?

The company lost USD794,934.04, approximately S$1,009,000, due to the fraudulent wire instructions. This amount represented funds intended for a previously declared cash dividend that never reached The Depository Trust Company for distribution to street‑name shareholders.

Will JE Cleantech (JCSE) still pay the previously declared cash dividend?

JE Cleantech states it will endeavor to satisfy the dividend payment by this month. Although the initial transfer was misdirected by fraud, the company indicates an intention to make the dividend payment despite the loss of USD794,934.04.

Did the cybersecurity incident affect JE Cleantech’s (JCSE) operations?

The company reports there has been no significant impact on the Group’s business and operations from this cybersecurity incident. It notes that business and operations continue to be operational as usual, despite the loss tied to the misdirected dividend payment.

Which authorities are involved in JE Cleantech’s (JCSE) cyber fraud case?

JE Cleantech reported the fraud to the U.S. Federal Bureau of Investigation’s Internet Crime Complaint Center, the Singapore Police Force, and both the sending and receiving banks. The company notes that investigations regarding the cybersecurity incident are ongoing with these enforcement and banking authorities.

How is JE Cleantech (JCSE) responding internally to the cybersecurity breach?

The company’s internal IT security team has addressed the incident, documented all aspects of the breach, and is preserving evidence. JE Cleantech states it is conducting a rigorous review of the cybersecurity incident as part of its approach to cybersecurity and transparency to stakeholders.