March 28, 2011

Leader power generation project in Cambodia

[The Star Online]

Leader’s power generation project in Cambodia.
PENANG-BASED wire and cable maker Leader Universal Holdings Bhd is now working towards the construction, completion and operation of its power transmission project and a 200-MW coal-fired power generation project in Cambodia.

The company expects to see partial revenue towards the end of the year from its power transmission project in Cambodia after the completion of the first phase.

Leader's first independent power producer project via its unit Cambodia Utilities Pte Ltd was completed and started operations in the mid-90s. The investment provides it with fairly healthy returns.

As at Dec 31, 2010, 95.3% of Leader's RM2.49bil revenue came from the cable and wire division. Only 4.5% was from the power generation segment and the remaining from its other divisions.

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