Shares of Nanofilm Technologies rise 8% on debut after oversubscribed SGX IPO

Shares of Nanofilm Technologies rise 8% on debut after oversubscribed SGX IPO

Singapore Exchange REUTERS/Edgar Su

Nanofilm Technologies International Ltd stock traded 8% above its initial public offering (IPO) price in its debut on Friday, after the IPO raised up to S$510 million ($375 million) in Singapore’s biggest listing in at least six years.