CorpNews
KUALA LUMPUR (Bernama): Lotte Chemical Titan Holding Bhd
(LCT) is proposing to divest 49% of its equity interest in PT Lotte Chemical Indonesia (LCI) to its major shareholder, Lotte Chemical Corporation, Korea (LCC).
The move would enable LCC to jointly fund the company’s integrated petrochemical facility (IPF), said LCT in a statement here today.
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