STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

[6-K] JE Cleantech Holdings Ltd Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

JE Cleantech Holdings Limited completed the sale of a leasehold industrial property in Singapore through its wholly owned subsidiary JCS-Echigo Pte Ltd. The property at 17 Woodlands Sector 1 was sold to an unaffiliated third party for approximately SGD$7.39 million (USD$5.68 million) under an option to purchase agreement previously announced on December 17, 2024. The transaction generated a net gain of about SGD$3.70 million (USD$2.85 million) over the asset’s net book value, adding a significant one-time profit from the disposal of this industrial property.

Positive
  • None.
Negative
  • None.

Insights

JE Cleantech records a sizeable one-off gain from an industrial property sale.

JE Cleantech Holdings Limited, via subsidiary JCS-Echigo Pte Ltd, has sold its leasehold industrial property at 17 Woodlands Sector 1, Singapore, for approximately SGD$7.39 million (about USD$5.68 million) to an unaffiliated third party. The sale was executed under an option to purchase agreement that was previously announced on December 17, 2024, indicating this was a planned asset disposal rather than a sudden move.

The company reports a net gain of roughly SGD$3.70 million (about USD$2.85 million) over the property’s net book value, which represents a meaningful uplift relative to the carrying amount of the asset. This gain improves reported profit for the period in which the transaction is recognized and converts a non‑liquid asset into cash.

Because the disclosure focuses on the gain versus net book value and does not describe how proceeds will be used, the long-term impact will depend on future capital allocation decisions that may be detailed in subsequent filings or announcements.

 

 

 

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 November 18, 2025

 

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 ☐

 

 

 

 

 

 

Property Sale

 

JE Cleantech Holdings Limited (NASDAQ: JCSE) announced today that JCS-Echigo Pte Ltd, a wholly-owned subsidiary of JE Cleantech Holdings Limited, has completed the sale of its leasehold industrial property located at 17 Woodlands Sector 1 Singapore 738354 (the “Industrial Property”) for approximately SGD$7.39 million (USD$5.68 million). The sale of this Industrial Property gave rise to a net gain of approximately SGD$3.70 million (USD$2.85 million) over the net book value. The sale was to an unaffiliated third party, under the option to purchase agreement previously announced on December 17, 2024. A copy of the press release is attached hereto as Exhibit 99.1.

 

Exhibits

 

99.1   Press Release dated November 18, 2025 with respect to the sale of property

 

 

 

 

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: November 18, 2025 By: /s/ LONG Jia Kwang
   

LONG Jia Kwang, Chief Financial

Officer and Secretary

 

 

 

 

FAQ

What transaction did JE Cleantech Holdings Limited (JCSE) report on this Form 6-K?

JE Cleantech Holdings Limited reported that its wholly owned subsidiary JCS-Echigo Pte Ltd completed the sale of a leasehold industrial property at 17 Woodlands Sector 1, Singapore, to an unaffiliated third party.

How much did JE Cleantech (JCSE) receive from the sale of the industrial property?

The industrial property was sold for approximately SGD$7.39 million, which is also stated as about USD$5.68 million in the disclosure.

What gain did JE Cleantech (JCSE) realize on the property sale?

The sale generated a net gain of approximately SGD$3.70 million, or about USD$2.85 million, over the property’s net book value.

Who bought JE Cleantech’s industrial property at 17 Woodlands Sector 1?

The buyer of the industrial property is described as an unaffiliated third party, meaning it is not related to JE Cleantech Holdings Limited or its subsidiaries.

When was the option to purchase for JE Cleantech’s property originally announced?

The option to purchase agreement for the industrial property was previously announced on December 17, 2024.

Which JE Cleantech subsidiary owned the industrial property that was sold?

The property was owned and sold by JCS-Echigo Pte Ltd, a wholly owned subsidiary of JE Cleantech Holdings Limited.
JE CLEANTECH HOLDINGS LIMITED

NASDAQ:JCSE

JCSE Rankings

JCSE Latest News

JCSE Latest SEC Filings

JCSE Stock Data

6.47M
1.81M
65.96%
1.7%
1.44%
Specialty Industrial Machinery
Industrials
Link
Singapore
Singapore