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The latest update is out from Niks Professional Ltd. ( (SG:NPL) ).
Niks Professional Ltd. has obtained court approval for its proposed selective capital reduction, a key step in its plan to delist from the Singapore market via this mechanism. With no additional conditions imposed by the court, the capital reduction will become effective upon the company’s lodgement of the court order and required documents with the corporate regulator, after which the firm will announce the record date, marking the next milestone in returning capital to selected shareholders and advancing its delisting process.
The most recent analyst rating on (SG:NPL) stock is a Hold with a S$0.25 price target. To see the full list of analyst forecasts on Niks Professional Ltd. stock, see the SG:NPL Stock Forecast page.
More about Niks Professional Ltd.
Average Trading Volume: 30,030
Technical Sentiment Signal: Buy
Current Market Cap: S$29.25M
Find detailed analytics on NPL stock on TipRanks’ Stock Analysis page.