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Medical skincare provider Niks Professional to raise S$5 million in Catalist listing, eyes China growth

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Megan Cheah

Megan Cheah

Published Wed, Oct 18, 2023 · 06:29 PM
    • Niks Professional chief executive and founder Cheng Shoong Tat (left) and president and chief medical officer Dr Ong Fung Chin. The duo have led the company since it was founded in 1998.
    • Niks Professional chief executive and founder Cheng Shoong Tat (left) and president and chief medical officer Dr Ong Fung Chin. The duo have led the company since it was founded in 1998. PHOTOS: NIKS PROFESSIONAL

    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.

    IPOHealthcareNiks Professional

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