Leader Environmental Technologies (SGX:LS9) reported three consecutive years of losses, according to a filing with the Singapore Exchange on Monday.
The company's average daily market capitalization was at SG$66.4 million, avoiding being placed on the SGX Watch-List.
Companies with an average daily market capitalization of less than SG$40 million along with three consecutive years of losses are placed on the watch-list.
Shares of the company were down nearly 3% in morning trade Tuesday.
Price (SGD): S$0.04, Change: S$-0.0010, Percent Change: -2.70%