Dear readers, the date of the Nomination Day for the upcoming Presidential Election has been announced. And if there is a contest, Singaporeans will go to the votes to choose our next President. So far, there are three interested contenders: Mdm Halimah, Mr Farid and Mr Marican. Mr Marican is also the CEO of listed entity, Second Chance Properties Limited.

As this blog is focused on investments and Mr Mohamed Marican is also the boss of a listed company here, curiosity got the better of me as I tried to work out some mathematics. Here it goes.

Second Chance Properties has 749.99 million shares and Second Chance Properties stock traded at $0.26 yesterday. This means as of yesterday, Second Chance Properties Limited has a market capitalization of $194 million. One of the eligibility criteria to be considered for Presidency is to be the boss of a company which …