Second Chance Properties Ltd

(Company Registration No. 198103193M)

ANNOUNCEMENT PURSUANT TO RULE 704(17)(b) OF THE LISTING MANUAL OF THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED

The Board of Directors of Second Chance Properties Ltd (the "Company" and together with its subsidiaries, the "Group") hereby discloses in accordance to Rule 704(17)(b) on the current status of its investment in quoted securities as follows:

Rule 704(17)(b)

Before Acquisition

After Acquisition

(S$)

(S$)

Aggregate cost of the Group's quoted

investments

175,903,008.00

188,575,784.00

Aggregate cost of the Group's quoted

investments as a percentage of the latest

70.66%

75.75%

audited consolidated net tangible assets of the

Group as at 31 August 2020

Total Market value of the Group's quoted

investments

196,496,288.00

210,051,384.00

Amount of any provision for diminution in value

-

-

of investments

Audited consolidated net tangible assets of the

Group as at 31 August 2020

248,933,591.00

248,933,591.00

By Order of the Board

Mohamed Salleh s/o Kadir Mohideen Saibu Maricar

Executive Director and Chief Executive Officer

10 June 2021

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Second Chance Properties Ltd. published this content on 10 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 June 2021 11:49:02 UTC.