Second Chance Properties (SGX:528) will be delisted from the official list of the Singapore Exchange on Nov. 11, according to a filing with the Singapore Exchange on Thursday.
This follows the offeror, Final Chance Holdings, exercising his right of compulsory acquisition earlier this week to acquire all the shares in the company held by dissenting shareholders.
Upon the completion of compulsory acquisition, Second Chance Properties will become a wholly owned subsidiary of the offeror.
Second Chance Properties' founder and chief executive officer, Mohamed Salleh Marican, and his family had proposed in July this year to privatize the company at SG$0.30 per share through a voluntary, unconditional offer.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。