Leader Universal Holdings Bhd, the largest cable and wire producer in Malaysia and South-East Asia, is making a comeback to Bursa Malaysia just two years after it was taken private in a deal that had valued the company at RM480.1mil.
While details are still scarce, the company appears to be returning to the market with lower profits and a slightly higher price earnings ratio (PER) of 13 times compared to its privatisation PER of nine times.
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