STX Europe AS considers a listing of its offshore and specialized vessels division (OSV) on the Main Board of the Singapore Exchange Securities Trading Limited (the SGX-ST).
Prior to the listing, STX Europe AS will transfer ownership in the entities forming part of OSV to a wholly-owned Singapore subsidiary – STX OSV Holdings Pte. Ltd. (to be renamed STX OSV Holdings Limited). STX OSV has already received an “Eligibility to List” letter from the SGX-ST.
The company will release a further announcement if and when there are any further developments.
