Second Chance Properties Ltd (SG:528) has released an update.
Second Chance Properties Ltd has experienced a significant shift in share ownership, with Final Chance Holdings Pte. Ltd. now controlling approximately 90.53% of its shares. This change follows a voluntary unconditional cash offer by Final Chance Holdings, resulting in a substantial loss of freely traded shares on the market. The development has led to a likely suspension in trading of Second Chance shares due to the loss of free float.
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