Market Reacts to Lotte Chemical Titan's Repricing 'Kerfuffle'

Wan Mohd Zahidi, Analyst, RHB Research

11-Jul-17 09:15

Market Reacts to Lotte Chemical Titan's Repricing 'Kerfuffle'

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Following its keenly awaited listing, Lotte Chemical Titan's shares opened unchanged at its revised price of RM6.50. Wan also provides his outlook on LCT's earnings and the broader petrochemicals industry.

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Tags: Lotte Chemical Titan, LCT, petrochemicals, IPO, initial public offering, listing, Bursa Malaysia, fundamentals, capital expenditure, capex, oversupply, oil, South Korea

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