Second Chance Properties to delist on 13 November
It was privatised by its founder and CEO.
Investment holding company Second Chance Properties Limited will delist on the Singapore Exchange on 13 November.
The delisting follows a successful privatisation bid by its founder and CEO, Mohamed Salleh Marican, and his family.
In July 2024, Marican and his family proposed to privatise the company at $0.30 per share, citing low trading liquidity and the costs associated with maintaining a public listing.