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Lotte Chemical has submitted a letter of intent and passed a non-binding preliminary bid to acquire Singapore-based JAC, but no final decision has been made on participating in the main bid.
“인수의향서를 제출하고, 구속력이 없는(non-binding) 예비입찰을 통과해 이를 검토 중에 있다”ir.newspim.com
Summarized from public sources; check the original articles before acting on it.