MEDICAL skincare provider Niks Professional is offering 21.8 million shares at S$0.23 apiece as it seeks to list on the Catalist board of the Singapore Exchange.

The 21.8 million shares comprise 20.8 million placement shares and one million public shares. The placement shares include around 3.7 million reserved shares for management, employees and directors.

The new shares will represent 16.8 per cent of the company’s enlarged share capital.