11:13 AM EST, 12/17/2024 (MT Newswires) -- JE Cleantech Holdings ( JCSE ) said Tuesday that its JCS-Echigo unit signed a deal to sell a leasehold industrial property in Singapore to a third-party buyer for about SG$7.4 million ($5.5 million).

The cleaning equipment supplier expects the deal to close by June 30, subject to certain conditions.

JE Cleantech ( JCSE ) shares were down more than 8% in recent trading.

Price: 1.40, Change: -0.13, Percent Change: -8.50