Welcome!
Second Chance Properties
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
February 14, 2020
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
December 27, 2019
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.
June 28, 2019
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.
January 03, 2019
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.
December 27, 2018
Results
Second Chance posts 17% lower FY18 earnings of $8 mil, declares 0.3 cent dividend
SINGAPORE (Oct 31): Second Chance Properties reported earnings of $7.9 million for the full year ended Sept, down 16.6% from FY17 due to lower revenue and fair value losses.
October 31, 2018
Results
Second Chance to close more baju kurung stores to arrest profit slide
SINGAPORE (June 28): Second Chance Properties reported a 61.6% fall in 2Q net profit to $2.1 million from $5.4 million a year ago on lower sales
June 28, 2018
Results
Second Chance Properties' 2Q earnings dip by 1% to $2.0 mil
SINGAPORE (Mar 28): Second Chance Properties saw its earnings dip slightly to $1.96 million in the 2Q ended February, 1.0% lower than $1.98 million a year ago.
March 28, 2018
Results
Second Chance's full-year earnings rise 35.9% to $9.5 million on one-off gain
SINGAPORE (Oct 30): Second Chance Properties saw earnngs for the full year ended Aug increase 35.9% to $9.5 million from $7.0 million a year ago.
October 30, 2017
In print this week
Why is Second Chance's CEO buying the stock?
SINGAPORE (Aug 11): Mohamed Salleh, founder and CEO of Second Chance Properties, has been buying shares in his company almost every other day for the past couple of months from the open market.
August 11, 2017