Malaysia’s Lotte Chemical sets ceiling price for $1.4b IPO

The Lotte Chemical plant as picturised on its official website

Malaysia’s Lotte Chemical Titan Holding has set a ceiling price of 8 ringgit a share for its planned IPO, giving it a total size of up to 5.9 billion ringgit ($1.37 billion), IFR Asia reported, citing three sources with knowledge of the deal.

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