KUALA LUMPUR: Lotte Chemical Titan Holding Bhd
(LCT) has clarified that after a thorough inquiry, Lotte Chemical Corp (LCC) is currently weighing various strategic measures related to the company.
LCC, South Korea’s number two petrochemicals company, has a 74.72% stake in LCT. LCT is one of LCC’s largest overseas subsidiaries.
“We wish to clarify that after making due enquiry, we understand that LCC is considering various strategic measures related to the company without making any decision thus far,” LCT said in a filing with Bursa Malaysia.
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