Second Chance Properties

Second Chance Properties to delist on Nov 11 - THE EDGE SINGAPORE

Delistings

Second Chance Properties to delist on Nov 11

Second Chance Properties announced the loss of its free float on Aug 6.

Offer

Second Chance’s founder exercises right of compulsory acquisition

The date and time of Second Chance's delisting will be announced by the company in due course.
Briefs: Second Chance’s founder, family make privatisation offer; Reviving SGX ‘not our primary concern’: Temasek - THE EDGE SINGAPORE

Company in the news

Briefs: Second Chance’s founder, family make privatisation offer; Reviving SGX ‘not our primary concern’: Temasek

Also, Temasek's inaugural sustainability report shows that its total portfolio emissions fell some 6 million tCO2e over FY2024.
Mohamed Salleh family makes privatisation bid of shares in Second Chance with unconditional cash offer of 30 cents - THE EDGE SINGAPORE

Offer

Mohamed Salleh and family make privatisation bid of shares in Second Chance with unconditional cash offer of 30 cents

This represents a premium of approximately 39.5% over the last transacted price per share of 21.5 cents.

Results

Second Chance Properties records net profit of $4.35 mil for 1HFY2024

While net profit fell by 52.8% y-o-y, adjusted ebitda increased by $1.23 million to $5.27 million in 1HFY2024.
Second Chance Properties records $10.4 mil profit in 2HFY2023 on the back of growing securities business  - THE EDGE SINGAPORE

Results

Second Chance Properties records $10.4 mil profit in 2HFY2023 on the back of growing securities business

Second Chance’s securities business witnessed significant increase in revenue, up 35.3% to $18.29 in FY2023.

Company in the news

Second Chance Properties finds new lease of life in securities investing

Second Chance is willing to study more markets like Indonesia and Malaysia to expand and further diversify its portfolio.
Second Chance Properties doubles net profit in 1HFY2023 with sale of seven properties - THE EDGE SINGAPORE

Results

Second Chance Properties doubles net profit in 1HFY2023 with sale of seven properties

Its apparel store, First Lady Singapore, will cease operations in June.
Second Chance set to report higher 1HFY2023 net profit - THE EDGE SINGAPORE

Results

Second Chance set to report higher 1HFY2023 net profit

Second Chance set to report significantly higher earnings for 1HFY2023
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