Lotte Chemical Titan Holding Bhd

(LCT) is back in the spotlight over reports that its South Korean parent, Lotte Chemical Corp, is reviving plans to sell the loss-making Malaysian petrochemical producer, while also pursuing a partial divestment of its Indonesian operations.

Following the reports, LCT shares rallied around 30% to 40.5 sen on Wednesday before paring gains, and traded at 35 sen at the time of writing on Thursday.