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Lotte Chemical Titan prices shares at RM6.50 each

Mimi Sabreena 1:55:00 PM Informasi

KUALA LUMPUR (July 4): Lotte Chemical Titan Holding Bhd has priced the institutional and retail shares for its initial public offering (IPO) at RM6.50 each to raise RM3.77 billion.

Bursa Malaysia Main Market-bound Lotte Chemical Titan's IPO involves 580 million new shares in the company, which will have an expanded issued base of 2.31 billion shares upon listing. Lotte Chemical Titan said the final retail share price was lower than the RM8 announced previously.

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