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IPO marks new growth chapter for Lotte Chemical

17 June 2017

SEVEN years after buying out Titan Chemicals Corp in Malaysia, South Korean conglomerate Lotte is bringing that asset back to the Malaysian market at a value six times more from then.

Lotte Chemical Titan to raise RM5.92b from IPO

16 June 2017

KUALA LUMPUR: The initial public offering (IPO) of integrated olefin and polyolefin producer Lotte Chemical Titan Holding Bhd (LCT) is expected to raise gross proceeds of approximately RM5.9bil and achieve a post-listing market capitalisation of RM19.7bil, at the retail price of RM8 per share.

Lotte to pay out 50% of profit as dividends

15 June 2017

PETALING JAYA: Lotte Chemical Titan Holdings Bhd, which has secured four cornerstone investors, will be paying out half of its profits as dividends, which works out to a dividend yield of around 3.3%, sources said.

PNB said to be drawn to Lotte's RM5.9bil Malaysian IPO

2 June 2017

KUALA LUMPUR: Lotte Chemical Titan Holding Bhd attracted cornerstone investors including state-owned asset manager Permodalan Nasional Bhd to its Malaysian initial public offering, which could raise as much as RM5.9bil, people with knowledge of the matter said.

Perennial chosen for final United Engineers talks

2 June 2017

SINGAPORE: United Engineers Ltd’s largest shareholders picked Perennial Real Estate Holdings Ltd for final talks to buy the century-old Singapore property group, people with knowledge of the matter said.

Turning up the heat after dark

27 May 2017

Home & Away now offers a whole lot more than just great deals on the drink. Some of its outlets, including the one in TTDI Plaza, serve up great live music.

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