MARC has withdrawn its rating of AID on Leader Universal Holdings Berhad’s RM150 million Murabahah Medium Term Notes Issuance Programme with immediate effect following the early redemption of the entire outstanding amount and cancellation of the programme on February 25, 2010, as confirmed by its facility agent, United Overseas Bank (Malaysia) Berhad. Contacts: Francis Xaviour Joe, 03-2090 2...

MARC has revised its rating outlook on Leader Universal Holdings Berhad’s (Leader) RM150.0 million Murabahah Medium Term Notes (MMTN) Issuance Programme to stable from developing and affirmed the MMTN rating at AID. The rating outlook revision reflects easing concerns surrounding the impact of Leader’s equity financing requirement for the construction of its second power plant project ...

Leader Universal Holdings Berhad’s (Leader) rating on its RM150.0 million Murabahah Medium Term Notes Issuance Programme has been affirmed at AID. The affirmed rating reflects Leader’s status as the market leader in the highly competitive cable and wire industry, the relatively stable profit contribution from its power generation business and its improving gearing levels. These factors...

The rating of Leader Universal Holdings Berhad’s (Leader) RM150.0 Million Murabahah Medium-Term Notes Issuance Programme has been reaffirmed at AID. The rating outlook has been revised to developing from stable. The affirmed rating reflects the Group’s moderate and steadily improving operating margins in the cable and wire industry which is presently challenged by rising raw material p...

The ratings of Leader Universal Holdings Berhad’s (LEADER) RM150.0 Million Murabahah Medium-Term Notes Issuance Programme has been reaffirmed at AID, with a stable outlook. The ratings reflect the Group’s dominant market position in the domestic cable and wire manufacturing industry coupled with stable recurring revenue contributions from its power generation business in Cambodia. LEAD...

The affirmation of Leader Universal Holdings Berhad’s (LEADER) rating of AID reflects the Group’s leading position in the cable and wire manufacturing industry as well as the stable revenue contribution from its power generation business in Cambodia. The rating, however, is moderated by thin margins from its cable and wire products; the large number of players relative to major consumers in th...

The short- and long-term ratings of MARC-2ID and A ID for LEADER’s proposed private debt securities reflects the Group’s position in the cables and wires manufacturing industry as well as the stable revenue arising from its power generation business in Cambodia. Moderating factors include the low margins of its cable and wire products, and the Group’s relatively high debt-leverage at present...