Lacklustre debut for Lotte Chemical Titan

President and Head of Lotte Chemical BU Huh Soo Young point to the Bursa board at a listing ceremony of the company at Bursa Malaysia on July 11,2017. Looking on are President and CEO of Lotte Chemical Titan Holding Berhad Dr Lee Dong Woo and Chairman Lotte Chemical Titan Holdings Berhad Tan Sri Abdul Rahman Mamat.

KUALA LUMPUR: Integrated petrochemical producer Lotte Chemical Titan Holding Bhd made a meek debut on the Main Market of Bursa Malaysia, ending its listing day 2% lower at RM6.38.

The stock opened flat at RM6.50 with a total volume of 45.48 million shares traded. Of this, more than one-third were shares purchased by Maybank Investment Bank Bhd (Maybank IB), which is the stock’s stabilising manager,