Lotte Chemical Rights Offering with Lotte Holdings Participating with 301.1 Billion KRW
[Asia Economy Reporter Choi Dae-yeol] Lotte Corporation announced on the 22nd that it will participate in Lotte Chemical's paid-in capital increase by investing 301.1 billion KRW. It plans to acquire approximately 2.1 million shares, and its stake will be 25.4% after the acquisition. Lotte Chemical is promoting a capital increase worth 1.2155 trillion KRW, and Lotte Property & Development also announced on the same day that it will participate with an investment of 235.3 billion KRW.
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