If you are a business  owner, who looking to list your companies on Singapore Exchange by way of Reverse Takeover, here is an opportunity for you in Jan 2003.

 

Company major shareholders and parties acting in concert hold around 75-80% of the issued capital. Outstanding warrants 2,265,814,014expiring soon.

 

To buy up the warrants and exercise into shares, you need to fork out $566M and become major shareholder owning 2/3 of company.

You need to make a General Offer once you hold more than 30%

 

  if the major shareholders sell to you, then you take control of the company.

 

If the major shareholders reject the Offer......you still control the company. At this point, you can inject your companies let say worth around 1 billion,  Second Chance Properties will have to do an equity offering by way of Rights Issues, this is the fastest ways to dilute the existing shareholder holdings. Once you take full control of the company, is time to divest all their investment in properties, listed securities and gold stock.  (Total around 400m). After divesting the unwanted asset, you can take back some of the investment by way of Special Dividend.

 

 

 

 

This is a unique opportunity, if you miss this opportunity, there won' t be a Second Chance.

 

For those who want to invest in a company worth 30.59 cent for only 0.25cents

 

 

Anyone who want to hold equity stake of 5%, 10% 20% or 50% without pushing up the share price, you may buy the warrant for just 0.001 cent and exercise the warrant.