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Niks Professional Ltd. ( (SG:NPL) ) has issued an announcement.
Niks Professional Ltd. has announced its intention to delist from the Singapore Exchange by implementing a selective capital reduction. This process involves canceling shares held by certain shareholders and returning the share capital in cash to eligible shareholders. The company currently has an issued and fully paid-up share capital of S$6,474,539.00, comprising 130,000,000 shares. The delisting is subject to approval from the Singapore Exchange and requires a 75% majority vote from shareholders, excluding certain parties, at a general meeting.
More about Niks Professional Ltd.
Average Trading Volume: 40,335
Technical Sentiment Signal: Strong Buy
See more insights into NPL stock on TipRanks’ Stock Analysis page.