, Singapore

SGX queries welding products distributor Leeden for sudden share price increase

SGX sure is keeping a close eye on trading activities.

Singapore Exchange noted a substantial increase in the price of your shares today. This was therefore brought to Leeden Limited’s attention to ensure a fair, orderly and transparent market.

SGX asked about any unannounced information or possible explanation for the trading. It also wanted Leeden to confirm its compliance with the listing rules and, in particular, listing rule 703.

Leeden Limited is encouraged to respond immediately via SGXNET.  

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