PETALING JAYA: A change to the structure of the Lotte Chemical Titan Holding Bhd initial public offering (IPO) by bankers for today is expected to see big foreign institutional investors take up the shares on offer after the deal was restructured to cater to global-investor appetite.
At a new offer price of RM6.50 a share compared with the previous range of between RM7.60 and RM8 a share, Lotte Chemical shares are expected to see interest from investors who were hesitant to commit before.
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