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Lotte cuts IPO price, retail investors given option of selling back shares

Lotte cuts IPO price, retail investors given option of selling back shares

KUALA LUMPUR (July 4): Retail investors who subscribed for Lotte Chemical Titan Holding Bhd (LCT) shares at RM8 per share will be refunded RM1.50 per share after the final retail price was set at RM6.50.

In a filing to Bursa Malaysia, the chemical group also confirmed that investors have an option of selling back the shares to the group.

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