Second Chance Properties Management

Management criteria checks 3/4

Second Chance Properties' CEO is Mohamed Salleh Marican, appointed in Jun 1975, has a tenure of 49.25 years. total yearly compensation is SGD954.55K, comprised of 19.3% salary and 80.7% bonuses, including company stock and options. directly owns 75.79% of the company’s shares, worth SGD210.96M. The average tenure of the management team and the board of directors is 1.8 years and 25 years respectively.

Key information

Mohamed Salleh Marican

Chief executive officer

S$954.6k

Total compensation

CEO salary percentage	19.3%
CEO tenure	49.3yrs
CEO ownership	75.8%
Management average tenure	1.8yrs
Board average tenure	25yrs

Recent management updates

Recent updates

Does Second Chance Properties (SGX:528) Have A Healthy Balance Sheet?

Dec 28

It's Unlikely That Second Chance Properties Ltd's (SGX:528) CEO Will See A Huge Pay Rise This Year

Dec 14

Can You Imagine How Second Chance Properties' (SGX:528) Shareholders Feel About The 11% Share Price Increase?

Jan 25

How Much Did Second Chance Properties' (SGX:528) CEO Pocket Last Year?

Jan 11

How Many Second Chance Properties Ltd (SGX:528) Shares Did Insiders Buy, In The Last Year?

Dec 27

These 4 Measures Indicate That Second Chance Properties (SGX:528) Is Using Debt Reasonably Well

Dec 12

Could The Second Chance Properties Ltd (SGX:528) Ownership Structure Tell Us Something Useful?

Nov 25

CEO Compensation Analysis

How has Mohamed Salleh Marican's remuneration changed compared to Second Chance Properties's earnings?
Date	Total Compensation	Salary	Company Earnings
Feb 29 2024	n/a	n/a	S$15m
Nov 30 2023	n/a	n/a	S$17m
Aug 31 2023	S$955k	S$184k	S$20m
May 31 2023	n/a	n/a	S$19m
Feb 28 2023	n/a	n/a	S$19m
Nov 30 2022	n/a	n/a	S$16m
Aug 31 2022	S$931k	S$179k	S$14m
May 31 2022	n/a	n/a	S$12m
Feb 28 2022	n/a	n/a	S$9m
Nov 30 2021	n/a	n/a	S$10m
Aug 31 2021	S$685k	S$173k	S$10m
May 31 2021	n/a	n/a	S$8m
Feb 28 2021	n/a	n/a	S$6m
Nov 30 2020	n/a	n/a	S$5m
Aug 31 2020	S$560k	S$173k	S$4m
May 31 2020	n/a	n/a	S$4m
Feb 29 2020	n/a	n/a	S$6m
Nov 30 2019	n/a	n/a	S$7m
Aug 31 2019	S$627k	S$173k	S$5m

Compensation vs Market: Mohamed Salleh's total compensation ($USD744.15K) is about average for companies of similar size in the SG market ($USD889.35K).

Compensation vs Earnings: Mohamed Salleh's compensation has been consistent with company performance over the past year.

CEO

Mohamed Salleh Marican (75 yo)

49.3yrs

Tenure

S$954,553

Compensation

Mr. Mohamed Salleh Marican is the Founder of Second Chance Properties Ltd. and serves as its Chief Executive Officer since June 1975 and also served as its Executive Chairman since November 30, 2013 until...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mohamed Salleh Marican	Founder	49.3yrs	S$954.55k	75.79% SGD 211.0m
Devnarayanan Pisharody	Executive Director	no data	S$224.07k	0% SGD 0
Mohamed Hasan Marican	Deputy CEO & Executive Director	no data	S$670.96k	0% SGD 0
Jainulabedeen Raj Mohamed	Group Head of Accounts & Finance	1.8yrs	no data	no data
Siew Lim	Company Secretary	less than a year	no data	no data

1.8yrs

Average Tenure

68.5yo

Average Age

Experienced Management: 528's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Mohamed Salleh Marican	Founder	38.3yrs	S$954.55k	75.79% SGD 211.0m
Devnarayanan Pisharody	Executive Director	37.5yrs	S$224.07k	0% SGD 0
Mohamed Hasan Marican	Deputy CEO & Executive Director	37.5yrs	S$670.96k	0% SGD 0
Geetha Padmanabhan	Independent Non-Executive Director	12.5yrs	S$38.68k	0.096% SGD 267.0k
Lye Heng Tan	Independent Non-Executive Director & Member of Advisory Panel	10.8yrs	S$36.68k	0% SGD 0
Ahmad Bin Mohamed Magad	Chairman of Advisory Panel & Independent Non-Executive Chairman	10.8yrs	S$49.48k	0.056% SGD 155.1k

25.0yrs

Average Tenure

68.5yo

Average Age

Experienced Board: 528's board of directors are seasoned and experienced ( 25 years average tenure).

Second Chance Properties Management

Management criteria checks 3/4

Key information

Recent management updates

Second Chance Properties Ltd Announces Cessation of Deepak Lakhi Ramchandani as Non-Executive Director and Chairman of Investment Committee, Effective 21 December 2023

Second Chance Properties Ltd, Annual General Meeting, Dec 21, 2023

Less than half of directors are independent

Second Chance Properties Ltd, Annual General Meeting, Dec 28, 2022

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Now 61% overvalued after recent price rise

Mohamed Salleh Maricar, Mohamed Amal Bin Mohamed Salleh Maricar, Nadia, Sofia Binte Mohamed Salleh Maricar, Sapiyah Abu Bakar and Radiah Binte Mohamed Salleh Maricar made an offer to acquire Second Chance Properties Ltd (SGX:528) from a group of shareholders for approximately SGD 280 million.

Now 24% overvalued

Now 23% overvalued

Now 24% overvalued

Second Chance Properties Ltd Proposes First and Final Dividend of 0.55 Singapore Cents Per Ordinary Share Tax-Exempt (One-Tier) for the Financial Year Ended 31 August 2023

Second Chance Properties Ltd Announces Cessation of Deepak Lakhi Ramchandani as Non-Executive Director and Chairman of Investment Committee, Effective 21 December 2023

Full year 2023 earnings released: EPS: S$0.021 (vs S$0.017 in FY 2022)

Second Chance Properties Ltd, Annual General Meeting, Dec 21, 2023

Second Chance Properties Ltd Proposes First and Final Dividend for the Financial Year Ended 31 August 2023

Full year 2023 earnings released: EPS: S$0.021 (vs S$0.017 in FY 2022)

Second Chance Properties Ltd Provides Consolidated Earnings Guidance for the Year Ended August 31, 2023

Less than half of directors are independent

First half 2023 earnings released: EPS: S$0.01 (vs S$0.006 in 1H 2022)

Second Chance Properties Ltd Approves First and Final Tax Exempt Dividend for the Year Ended August 31, 2022

Upcoming dividend of S$0.01 per share at 3.9% yield

Second Chance Properties Ltd Proposes First and Final Tax Exempt Dividend for the Year Ended August 31, 2022, Payable on March 29, 2023

Full year 2022 earnings released: EPS: S$0.017 (vs S$0.013 in FY 2021)

Second Chance Properties Ltd, Annual General Meeting, Dec 28, 2022

Less than half of directors are independent

Second Chance Properties Ltd Proposes Final Dividend for the Fiscal Year 2022

Full year 2022 earnings released: EPS: S$0.017 (vs S$0.013 in FY 2021)

Second Chance Properties Ltd to Report Fiscal Year 2022 Results on Oct 26, 2022

Less than half of directors are independent

First half 2022 earnings released

Second Chance Properties Ltd Approves Special Dividend for the Financial Year Ended August 31, 2021

Executive Director recently sold S$261k worth of stock

Does Second Chance Properties (SGX:528) Have A Healthy Balance Sheet?

Upcoming dividend of 0.055 per share

It's Unlikely That Second Chance Properties Ltd's (SGX:528) CEO Will See A Huge Pay Rise This Year

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Second Chance Properties Ltd Proposes Special Dividend

Insufficient new directors

Full year 2021 earnings released: EPS S$0.013 (vs S$0.006 in FY 2020)

Founder recently bought S$142k worth of stock

Founder recently bought S$55k worth of stock

Founder recently bought S$88k worth of stock

Founder recently bought S$72k worth of stock

Second Chance Properties (SGX:528) Could Be At Risk Of Shrinking As A Company

Founder recently bought S$55k worth of stock

Founder recently bought S$90k worth of stock

Founder recently bought S$57k worth of stock

First half 2021 earnings released: EPS S$0.007 (vs S$0.005 in 1H 2020)

Second Chance Properties (SGX:528) Has A Pretty Healthy Balance Sheet

New 90-day high: S$0.28

How Much Of Second Chance Properties Ltd (SGX:528) Do Insiders Own?

Is Second Chance Properties (SGX:528) Using Capital Effectively?

New 90-day high: S$0.27

Can You Imagine How Second Chance Properties' (SGX:528) Shareholders Feel About The 11% Share Price Increase?

New 90-day high: S$0.26

How Much Did Second Chance Properties' (SGX:528) CEO Pocket Last Year?

New 90-day high: S$0.22

How Many Second Chance Properties Ltd (SGX:528) Shares Did Insiders Buy, In The Last Year?

These 4 Measures Indicate That Second Chance Properties (SGX:528) Is Using Debt Reasonably Well

Full year 2020 earnings released: EPS S$0.006

New 90-day high: S$0.21

Could The Second Chance Properties Ltd (SGX:528) Ownership Structure Tell Us Something Useful?

Full year earnings released

Second Chance Properties Ltd Announces Change of Company Secretary, with Effect from 18 October 2020

Second Chance Properties Ltd. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended Dec. 31, 2009 ; Omits to Declare Interim Dividend

Second Chance Properties Ltd to Report Fiscal Year 2020 Results on Oct 28, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members