Basic Info

SECOND CHANCE PROPERTIES LTD

Full Company Name :: SECOND CHANCE PROPERTIES LTD
Incorporated in :: SINGAPORE
Incorporated on :: 07 Jul 1981
ISIN Code :: SG1D93474618
Registered Office :: 60 Paya Lebar Road
#07-20 Paya Lebar Square
Singapore 409051
Telephone :: 65 67456911
Fax :: 65 67456955
Email :: contact@secondchance.com.sg
Secretary :: Lee Wei Hsiung
Link to Internet Website :: http://www.secondchance.com.sg/

LISTING: Listed on 24 January 1997 on SGX Sesdaq 2 March 2004 on SGX Mainboard

LISTING BOARD: MAINBOARD

OTHER STOCK EXCHANGE LISTINGS: *SINGAPORE EXCHANGE LTD.

REGISTRARS / TRANSFER AGENTS & ADDRESS: TRICOR BARBINDER SHARE REGISTRATION SERVICES; 9 Raffles Place, Republic Plaza Tower I #26-01, Singapore 048619
AUDITORS: CLA GLOBAL TS PUBLIC ACCOUNTING CORPORATION

Background

The Group started out as a sole proprietorship in 1975, when Mohamed Salleh set up Second Chance Enterprises to engage in the tailoring of men's garments. By 1976, the business had expanded to 3 tailoring shops. However, due to difficulty in expanding the tailoring business further, Second Chance Enterprises decided to switch to retailing of men's ready-to-wear fashion clothes in 1979. In 1993, the Group opened its goldsmith shop, called Golden Chance Goldsmith. The gold jewellery retail business is currently the main revenue and profit contributor to the Group. In 1996, the Group expanded its gold jewellery retail business into Malaysia. The Company was incorporated on 7 July 1981 as Indonesian Mercantile Traders (S) Pte Ltd. It changed its name to Second Chance Enterprises Pte Ltd in 1986 and to its present name in 1987 to reflect its change of status to a public limited company. The Group is principally engaged in the retailing of ready-made wearing apparel, and gold and diamond jewellery, through a network of retail outlets in Singapore and Malaysia. Its 2nd Chance and First Lady outlets retail mainly the 2nd Chance brand of boys and men's clothing, and the First Lady brand of traditional Malay ladies' and girls' clothing respectively, while its Golden Chance outlets retail gold and diamond jewellery. In 1999, it diversified into property investments.