Second Chance Properties

Company in the news

Second Chance, with $12.7 mil cash from accepting Chip Eng Seng offer, opts for cash dividends and not scrip

As at Nov 30, Chip Eng Seng was the second largest securities holding within Second Chance's portfolio

Results

Second Chance Properties reports 44.5% increase in net profit for FY2022, proposes name change

The company attributed its strong performance to the strategic shift in its core business.

Property

Second Chance Properties to dispose of Lucky Plaza property for $13.4 mil

Second Chance Properties to dispose of Lucky Plaza property for $13.4 mil

Results

Second Chance Properties doubles earnings for FY2021, plans record 5.5 cents dividend payout

The company plans to buy more shares for a bigger stream of dividend income
CEO of Second Chance and controlling family of Mewah raise stake in respective firms - THE EDGE SINGAPORE

CEO of Second Chance and controlling family of Mewah raise stake in respective firms

CEO of Second Chance Properties' Mohamed Salleh and controlling Cheo family of Mewah Int'l raise stakeholding in respective firms.

Bobby Lim halves stake in Asiatic; Second Chance founder buys more shares

SINGAPORE (Feb 14): Bobby Lim Chye Huat, a substantial shareholder of Asiatic Group Holdings, has halved his stake in the company from 11.95% to 6.04% following an off-market sale on Feb 5. Lim, who used to own 186 million shares in the company, sold 92 m

Results

Second Chance Properties 1Q net profit surges to $2.12 mil on absence of fair value loss

SINGAPORE (Dec 27): Second Chance Properties, the property owner and retailer of gold ornaments and baju kurung, reported a net profit of $2.12 million in 1QFY2019 ended November, versus the net profit of $0.22 million posted in the same period a year ago

Results

Second Chance posts 12.5% increase in 3Q earnings to $2.3 mil on higher sales

SINGAPORE (June 28): Second Chance Properties reported 3Q19 earnings increased by 12.5% to $2.3 million, compared to $2.1 million in 3Q18.

Management & Corporate Governance

Second Chance Properties responds to SIAS queries regarding FY18 annual report

SINGAPORE (Jan 3): Second Chance Properties said the collective sale of units at Sim Lim Square and City Plaza is still ongoing given the last dates to sign the collective sale agreements are March 8 and Aug 23 respectively.

Results

Second Chance Properties reports 90% lower 1Q19 earnings

SINGAPORE (Dec 27): Second Chance Properties reported a net profit of $0.22 million, or 0.03 cent per share, for 1Q19 ended Nov. This is 90.2% lower compared to the 1Q18 net profit of $2.2 million or 0.3 cent per share.
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