In a statement via SGX, the market regulator asked the company if it was aware of any information that could trigger the spike in price.
See also: Hotel Properties ‘not aware’ of any possible explanation for ‘unusual’ share price movements
It also ordered Leader Environmental Technologies to confirm that it remains in compliance with the listing rules.
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At 2.37pm, the company requested for a trading halt pending the release of an announcement.
As at 2.48pm, Leader Environmental Technologies is trading 2.8 cents higher or 29.5% up at 12.3 cents.
