The market regulator also asked Hoe Leong to release any information that may have triggered the trading in addition to confirming its compliance with the listing rules.
Hoe Leong was the second most heavily traded counter on the Singapore Exchange (SGX) on Sept 2 with a total of 147.9 million shares changed hands, just behind SembMarine.
Shares in Hoe Leong closed 0.2 cent higher or 100% up at an 11-month high of 0.4 cent on Sept 2.
