[Asia Economy Reporter Song Hwajeong] Engchem Life Sciences is experiencing a sharp rise in early trading due to investment expectations from Lotte Holdings.


As of 9:13 AM on the 23rd, Engchem Life Sciences was trading at 125,900 KRW, up 15,200 KRW (13.73%) from the previous day.



According to Lotte Group on the previous day, Lotte Holdings is discussing cooperation plans with Engchem Life Sciences. The cooperation methods being considered include equity investment or the establishment of a joint venture.


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