Listing Detail:
Listing Sought: Main Market
Issue Price: RM 8.00
Dates:
Offer Period Open: 16 Jun 2017
Offer Period Close: 28 Jun 2017
Tentative listing date: 11 Jul
2017
Number of shares:
Public Issue: 740,483,000
Stock Code: LCTITAN
Official Announcement
INITIAL PUBLIC OFFERING
("IPO") OF 740,483,000 ORDINARY SHARES IN LOTTE CHEMICAL TITAN
HOLDING BERHAD ("LCT") ("SHARES") IN CONJUNCTION WITH THE
LISTING OF AND QUOTATION FOR THE ENTIRE 2,468,274,500 SHARES ON THE MAIN MARKET
OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING A PUBLIC ISSUE OF 740,483,000
NEW SHARES ("IPO SHARES") IN THE FOLLOWING MANNER:
(I) INSTITUTIONAL OFFERING OF
684,700,000 IPO SHARES TO MALAYSIAN AND FOREIGN INSTITUTIONAL AND SELECTED
INVESTORS, INCLUDING BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF
INTERNATIONAL TRADE AND INDUSTRY AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY
WAY OF BOOKBUILDING ("INSTITUTIONAL PRICE"); AND
(II) RETAIL OFFERING OF
55,783,000 IPO SHARES TO THE DIRECTORS OF LCT, ELIGIBLE EMPLOYEES OF LCT AND
ITS SUBSIDIARIES ("LCT GROUP"), PERSONS WHO HAVE CONTRIBUTED TO THE
SUCCESS OF THE LCT GROUP AND THE MALAYSIAN PUBLIC AT THE RETAIL PRICE OF RM8.00
PER IPO SHARE ("RETAIL PRICE"),
PAYABLE IN FULL UPON APPLICATION
AND SUBJECT TO REFUND OF THE DIFFERENCE BETWEEN THE RETAIL PRICE AND THE FINAL
RETAIL PRICE (AS DEFINED IN THE PROSPECTUS) IN THE EVENT THAT THE FINAL RETAIL
PRICE IS LESS THAN THE RETAIL PRICE, SUBJECT TO THE CLAWBACK AND REALLOCATION
PROVISIONS AND THE OVER-ALLOTMENT OPTION (AS DEFINED IN THIS PROSPECTUS).
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