Wider appeal after revamp


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

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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , lotte , IPo , resized

   

Next In Business News

FBM KLCI rebounds to hit fresh two-year high
Asian FX subdued after mixed US data; equities set for weekly gains
Global manufacturing activity recovery to continue gradually into 2024 - S&P Global
Country Garden plans to present debt revamp plan in second half, sources say
Oil prices on track to snap two-week losing streak
MAA Group sells entire 58% stake in Turiya for RM52.86mil
Majuperak, Shizen to explore solar photovoltaic development in Perak
Asia stocks rise, yen plumbs 34-year low as BOJ stands pat on rates
Fernandes: AirAsia Group to be listed on Bursa Malaysia in September
Spritzer clarifies mistaken identity in insider trading report

Others Also Read