24 Jun 2015

Placement of Shares by Leader Environmental Technologies Limited

Danny Lim, Chia Lee Fong and Mariana Lesmana from the Capital Markets / M&A Practice Group  are acting for Leader Environmental Technologies Limited (“Company” and together with its subsidiary, “Group”) in relation to the proposed private placement of an aggregate of 51,300,000 new ordinary shares ("Placement Shares") in the capital of the Company at an issue price of S$0.045 per Placement Share, amounting to an aggregate consideration of S$2,308,500.

The Group provides environmental protection solutions in the People’s Republic of China. It engages in the research and development, design, manufacture, assembly, and installation of environmental protection systems. The Group also provides technical consulting and support services for environmental protection technologies and systems.