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.
Leader Environmental Technologies, on Jan 6, received a query from the Singapore Exchange Regulation (SGX RegCo) after its shares spiked to 12.5 cents, from 9.5 cents at market close on Jan 5.
Shares in the company opened at 9.5 cents before surging to 11.6 cents at around noon, before going up to 12.4 cents at 1.10pm.

