July 9, 2009

Leader Universal climbs on Saudi venture

LEADER Universal Holdings Bhd, Southeast Asia’s biggest maker of cables and wires, climbed the most in more in than two weeks after agreeing to set up a joint venture in Saudi Arabia to expand in the Middle East.

The stock rose 3.9 per cent to 67.5 sen at 9:20 am, set for the largest gain since June 24. The company signed an agreement with Al-Ghazalah Development Co and Suasana Daya Sdn Bhd to create the new company, it said in a statement late yesterday.-- Bloomberg

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Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;

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