Lotte Chemical Titan slashes Malaysian IPO size due to tepid investor response

Lotte Chemical Titan slashes Malaysian IPO size due to tepid investor response

Photo: REUTERS/Kim Hong-Ji

Malaysia’s Lotte Chemical Titan Holding cut the size of its initial public offering on Monday due to tepid demand for its shares, casting a shadow on other potential large floats and an anticipated revival of IPOs in the Southeast Asian nation.

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