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Lotte Chemical Titan to raise RM5.9 billion in IPO

This will mark Malaysia's biggest share offering in 5 years; the bulk of proceeds will help finance Indonesian petrochem facility

Kuala Lumpur

SCHEDULED for a July debut on Bursa Malaysia, the initial public offering of Lotte Chemical Titan Holding (LCT) is set to raise RM5.9 billion (S$1.9 billion), marking the country's biggest share offering in five years. The bulk of the proceeds will be used to part finance an...

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