STX OSV Singapore share offering oversubscribed

Singapore: STX OSV's initial public offering on the Singapore Exchange (SGX) was 4.2 times oversubscribed. STX OSV received 1,383,079,044 valid applications for the 325,646,000 shares on offer. The company will raise S$295.9m including the full exercising of the over allotment option. The stock will start trading on SGX on Friday. [11/11/10]