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Niks Professional to delist with an offer of 23 cents per share via selective capital reduction

The Edge Singapore
The Edge Singapore  • 2 min read
Niks Professional to delist with an offer of 23 cents per share via selective capital reduction
Chairman and CEO Cheng Shoong Tat and his wife Dr Ong Fung Chin hold 82.8% of the shares / Photo: Niks Professional
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Niks Professional, which offers beauty services and products, plans to delist via a selective capital reduction where shareholders will receive 23 cents each.

This compares to its last traded price of 19 cents. The offer price is the same as its IPO price when the offer was launched in Oct 2023.

The offer of 23 cents is final and will not be revised, the company says.

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