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The latest update is out from Niks Professional Ltd. ( (SG:NPL) ).
Niks Professional Ltd. has received questions from a shareholder regarding its decision to delist from the stock market, despite being profitable and operating in the promising healthcare sector. The Board has decided that delisting via a selective capital reduction route is an immediate solution for shareholders, considering the historical trading performance and compliance costs. The Board also addressed concerns about minority shareholders’ interests and the exploration of other corporate actions before deciding on delisting.
More about Niks Professional Ltd.
Niks Professional Ltd. operates in the healthcare industry and is known for its profitable ventures. The company went public two years ago and is incorporated in the Republic of Singapore.
Average Trading Volume: 221,733
Technical Sentiment Signal: Buy
Current Market Cap: S$29.25M
Find detailed analytics on NPL stock on TipRanks’ Stock Analysis page.