Tag: Holdings

JE Cleantech Holdings Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement

SINGAPORE, Nov 1, 2023 – (ACN Newswire) – JE Cleantech Holdings Limited (NASDAQ: JCSE) (“JE Cleantech” or the “Company”), a Singapore-headquartered cleantech company, announced today that it has received formal notice from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with the minimum bid price requirement under the Nasdaq Listing Rule 5550 (a)(2) for continued listing on The Nasdaq Capital market. The Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum closing bid price of $1.00 per share for at least 10 consecutive business days. To regain compliance, the Company initiated a 1-for-3 Share ... Read more

JE Cleantech Holdings Limited Announces $1,000,000 Stock Repurchase Program

JE Cleantech Holdings Limited (NASDAQ: JCSE) announced today that its Board of Directors has authorized a stock repurchase program of up to $1,000,000 of the Company’s outstanding Ordinary Shares, par value $0.001 per share. This program will commence immediately. “This new stock repurchase program reflects the Board’s and management’s confidence in our improving operating results, future growth prospects, and business strategy to continue to create long-term value for our shareholders,” commented Elise Hong, Chairperson and Chief Executive Officer. The Board’s authorization permits JCSE to repurchase shares from time to time in open market transactions at prevailing market prices, in privately ... Read more

JRK Property Holdings Acquires San Jose Apartment Community for $93.5 Million

Investment is third out of the Los Angeles-based real estate firm’s recently closed $1B Fund Duo San Jose, Ca LOS ANGELES – Aug. 24, 2023 – PRLog — News From JRK Property HoldingsJRK Property Holdings has acquired Duo Apartments, a 301-unit Class-A multifamily community in San Jose, CA for $93.5 million. Duo marks the third acquisition out of JRK Platform V, the Los Angeles-based real estate investment and management firm’s newest multifamily value-add fund which targets higher-quality, well-located multifamily investments built after 1990.  The $1.0 billion fund which closed in October 2022 is 13% invested to date.  The fund’s portfolio ... Read more

Ching Lee Holdings realises profit returns from increased construction projects

Ching Lee Holdings Limited “Ching Lee” or “The Group” (stock code 3728.HK) has announced its annual results which have remarkable financial performance with rapid growth of revenue and notable gross profits for the turnaround from loss to profit. The net profit for the year ended 31 March 2023 was recorded a big gain at approximately HK$11.8 million as opposed to the net loss of approximately HK$18.2 million for the year ended 31 March 2022. The Group’s revenue for the year ended 31 March 2023 was recorded at approximately HK$708.8 million which represented an increase of approximately HK$172.3 million or 32.1% ... Read more

InvesTech Holdings and NTT Jointly Launch Smart Office SaaS Service Platform

InvesTech Holdings Limited (“InvesTech Holdings”; together with its subsidiaries, “the Group”; Stock Code: 1087.HK), a leading integrated smart-IT solutions provider in China, is pleased to announce that its subsidiary Wafer Systems Limited (“Wafer Systems”), which owns the smart office software solutions flagship product Virsical, has signed a strategic cooperation agreement with NTT Communications China (“NTT Com China”), a subsidiary of Japan’s Nippon Telegraph & Telephone (“NTT”), to carry out in-depth cooperation in the field of smart-office software as a service (“SaaS”). The cooperation agreement will encompass activities including product distribution, market promotion, technical resourcing and other mutually beneficial undertakings. The ... Read more