LOTTE Chemical Korea considering to divest its 75% shareholding in LOTTE Pakistan

MG News | June 10, 2022 at 02:55 PM GMT+05:00

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June 10, 2022 (MLN): LOTTE Chemical Corporation, South Korea (LCC Korea), the majority (75%) shareholder of LOTTE Chemical Pakistan Ltd (PSX: LOTCHEM) is optimizing portfolios over many assets, with the strategic divestment options for LOTCHEM also under consideration as part of its long-term strategy.

The above information was disseminated by the company through PSX today.

Currently, the stock of the company is trading at Rs24.06 [03:05 PST], up by Rs1 or 4.34% compared to the previous close.

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