LATEST NEWS   Comprehensive plan to improve controls at country's entry points approved by Cabinet for immediate action - Fahmi | Hybrid SST-GST tax proposal: PM informs Cabinet of need for MoF to do a comprehensive study, with Finance Minister II given time to prepare the report – Fahmi | Aircraft engine MRO provider GTA Holdings aims to raise RM71.75 mln via ACE Market IPO | 
MARKET • 19/08/2026 02:02 PM

Lotte Chemical Titan Says No Decision So Far By Parent On Stake Sale

KUALA LUMPUR, Aug 19 (Bernama) -- Lotte Chemical Titan Holding Bhd today clarified that its South Korean parent company, Lotte Chemical Corporation (LCC), is considering various strategic measures concerning the company, with no decision made thus far.

In a filing with Bursa Malaysia, Lotte Chemical Titan clarified the matter following reports in Korea Economic Daily titled "Lotte resumes sale of Malaysian, Indonesian petrochemical assets" published on Aug 17, 2026 and "Korean parent to dispose of Malaysia-listed Lotte Chemical Titan" published by The Edge yesterday.

Lotte Chemical Titan said there were similar reports in other media regarding a proposed sale of LCC's interest in the company.

Ad Banner

It said the company will make the necessary announcement as required under the Main Market Listing Requirements should there be any further developments.

-- BERNAMA

Ad Banner
Ad Banner
Ad Banner

More News

Categories

Tags