Second Chance Properties Ltd (SG:528) has released an update.
CIMB Bank Berhad, through its Singapore Branch, has made a voluntary unconditional cash offer to acquire all the issued and paid-up ordinary shares of Second Chance Properties Ltd. The offer is being made by Final Chance Holdings Pte. Ltd., which aims to take full ownership of the property company. Shareholders of Second Chance Properties are now faced with a pivotal decision regarding their investment.
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