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Lotte Chemical Titan cuts IPO size by 21.7%, offers buyback to retail investors

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Lotte Chemical Titan cuts IPO size by 21.7%, offers buyback to retail investors

Lotte Chemical Titan cuts IPO size by 21.7%, offers buyback to retail investors

KUALA LUMPUR (July 3): Main Market-bound Lotte Chemical Titan Holding Bhd (LCT) has reduced the number of shares it will offer in its initial public offering (IPO) by 21.7% to 580 million shares, from 740.48 million previously. 

Additionally, LCT will be making a buy-back offer for IPO shares subscribed by any investors affected by this latest development on the IPO, it announced in a bourse filing today. 

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