By Singapore Newsroom
SINGAPORE (Jun 23) -- Singapore's Second Chance Properties, an apparel retailer and engaged in property rentals, said Friday it has granted an option to Fok Chuen Yin to purchase a property at Haig Road, Singapore, for S$10 million ($7.21 million).
The proposed disposal is a "good opportunity as well as a prudent business decision for the company to sell off its property and utilize the proceeds to reduce the debts of the group," Second Chance Properties said in an exchange filing.
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