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Niks Professional seeks IPO to expand its market for skincare products to China

Samantha Chiew
Samantha Chiew • 8 min read
Niks Professional seeks IPO to expand its market for skincare products to China
Niks Professional sees many more growth opportunities waiting to be captured in Singapore and China. Photo: Albert Chua/The Edge Singapore, Niks Professional
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Dr Ong Fung Chin started her family clinic in 1994. Besides treating everyday ailments, Ong, who also has a postgraduate qualification in dermatology, soon gained a reputation for treating certain skin conditions such as acne and eczema. 

What differentiates Ong from the dermatology specialists is that she prescribes medication to manage certain less severe skin conditions while recommending skincare products to supplement skin recovery. 

By operating one of Singapore’s few family-practice dermatology clinics, Ong offers more than a regular general practitioner (GP), yet can be more affordable than dermatologist specialists. Her reputation grew within the community, and she quickly found a growing demand for her services — to the point that in 2005, her husband, Cheng Shoong Tat, left his high-flying career with various large local corporations to join the company full-time.

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