Final Chance Holdings, the offeror in the voluntary unconditional cash offer for Second Chance Properties, intends to compulsorily acquire all the shares in the company held by dissenting shareholders, according to a Friday filing on the Singapore Exchange.

The offeror has extended the closing date of its offer to Sept. 27, which was initially set on Sept. 9. As of Sept. 6, Final Chance had secured nearly 98.62% of the total issued shares in Second Chance Properties.

Final Chance has stated that no further extensions will be made beyond the new closing date. It also does not plan to maintain the company's listing status on the Singapore Exchange.