Lotte Chemical IPO rides Malaysian inflows

Chemical company brings Malaysia's biggest IPO in five years as the sector hits new highs and foreign investors return to the country. Can it last?

Lotte Chemical IPO rides Malaysian inflows

Pre-marketing for Malaysia's largest initial public offering in five years wraps up later this week, with Lotte Chemical Titan hoping to take advantage of improving foreign sentiment towards the country's equity markets. 

In local currency terms, the company's M$5.923 billion $1.389 billion flotation will rank as Malaysia's largest since Felda Global Ventures and IHH Healthcare respectively raised M$9.9 billion and M$6.26 billion in the summer of 2012. 

Later that year,...

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