Hot stock: Leader Environmental Tech hits year-to-date high after investment announcement

SHARES of Leader Environmental Technologies leapt on heavy trading volumes upon lifting its trading halt on Wednesday (Oct 12) morning, after the mainboard-listed company announced it received a US$15 million investment.

As at 9.01 am, the counter achieved a year-to-date high of S$0.082 – up S$0.022 or 36.7 per cent from Monday’s closing price of S$0.06 before the company issued a trading halt. Some 4 million of its shares changed hands at the open.

It later eased to trade at S$0.07, up S$0.008 or 12.9 per cent with 16.1 million securities transacted as at 9.48 am.