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Maroc Maroc - THESTAR.COM.MY - Business - 24/Oct 16:00

LCTH to reduce stake in US associate

LOTTE Chemical Louisiana LLC (LCLA), a full subsidiary of LOTTE Chemical USA Corp (LC USA), is planning to undertake a corporate restructuring involving a capital contribution in LCLA by two special purpose corporations (SPCs) via a price return swap contract. Read full story

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