Malaysia: Lotte
Chemical Titan Holding Bhd, which is en route for listing on the Main Market of
Bursa Malaysia on July 11, has reduced its institutional offering by 160.48
million shares or 23.4%, after taking into account the overall demand through
price discovery.
The group told Bursa
Malaysia that the institutional offering will now only involve 524.22 million
shares, compared with the original number of shares to be offered of 684.7
million.
With the reduction
in the size of the institutional offering, Lotte's total number of initial
public offering (IPO) shares will also be reduced from 740.48 million to 580
million, representing a reduction of 160.48 million shares or 21.7%.
The group said the
closing time and date of the institutional offering is now expected to be 10.00
pm on July 3, with the price determination date to take place on July 4.
To get More Updates:
Stock signals, Stock tips, stock Picks, Stocktips Malaysia, bursa malaysia stock signals, klse daily stock signals, KLSE stock picks, KLSE Stock Recommendations, KLSE stock signals, stock market news, stock market update, Stock Picks Malaysia, Stock trading picks,& Stock trading strategy
For More Visit Us: http://www.mmfsolutions.sg Tel- +65-3158-2180 Email- info@mmfsolution.sg
No comments:
Post a Comment