Second Chance Properties

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

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.
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