Singapore's Nanofilm Technologies IPO oversubscribed

Singapore's Nanofilm Technologies IPO oversubscribed

A logo of the Singapore Stock Exchange (SGX) is pictured outside its premises in the financial district of Singapore April 23, 2014. REUTERS/Edgar Su/Files

The bookbuild portion of Singapore’s Nanofilm Technologies International’s up to S$510 million ($375 million) initial public offering (IPO) has been subscribed about 19 times, two sources with knowledge of the matter said on Friday.