JBDI Holdings Limited Reports Continued Nasdaq Compliance
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JBDI Holdings Limited, based in Singapore, has reported compliance with Nasdaq’s listing requirements, ensuring its continued presence on the Nasdaq Capital Market after its IPO in August 2024. The company, which operates in the solvent, chemical, petroleum, and edible oil sectors, derives significant revenue from reconditioned and new containers. Despite challenges like fluctuating steel prices and labor shortages, JBDI maintains strong supplier and customer relationships. The company aims to adapt to market demands while managing risks related to economic conditions and regulatory changes.
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