Mohamed Salleh Marican

Last updated

Mohamed Salleh Marican
Salleh Marican
Born
Mohamed Salleh s/o Kadir Mohideen Saibu Maricar

Singapore
Occupation(s)Founder and CEO of Second Chance Properties Ltd
SpouseSapiyah Abu Bakar
ChildrenNadia
Radiah
Sofia
Amal
Awards1988 - Inaugural SMCCI/BH Malay Businessman of the Year Award
1996 - Lianhe Zaobao and the Entrepreneurship Development Centre of Nanyang Technological University Entrepreneurship Excellence Award
2011 - Berita Harian Achiever of the Year Award
2012 - Ernst & Young Entrepreneur of the Year - Business and Consumer Products
2013 - Singapore Corporate Awards Best Chief Executive Officer Award

Mohamed Salleh s/o Kadir Mohideen Saibu Maricar [1] (born 15 September 1949), usually referred to as Mohamed Salleh Marican or Salleh Marican, is the Founder and CEO of Second Chance Properties Ltd, a listed company on the Singapore Stock Exchange. His company is the first owned by a Malay and Muslim to be listed in Singapore.

Contents

Early life and education

Born on 15 September 1949 in Joo Chiat, Salleh is the third of six siblings. His father, Kadir Maricar, was from Nagore district, Pondicherry state, India, while his mother, Salmah Mar’ie, came from Indonesia. [2] His father died when he was 15 years old. He attended Victoria School from 1962 to 1967. Knowing that he was likely to fail the A-Level Examinations, he dropped out of school before the examinations to save 70% of the examination fees. [3]

Career

Salleh has more than 48 years of retail business experience. [4] He first went into menswear tailoring in 1974, and started his menswear label 2nd Chance, which expanded to 25 outlets in Singapore and Malaysia by 1988. In 1992, he diversified into Malay women’s fashion brand First Lady. He also started a jewellery business Golden Chance and went into the property business in the late 1990s. [4]

Salleh later founded 2nd Chance Properties of which he is chairman and CEO. 2nd Chance Properties is then listed on the Singapore Exchange in 1997, [2] becoming the first company owned by a Malay/Muslim to be listed in Singapore. [5]

2017 presidential election

On 31 May 2017, he announced his intention to run for the Presidency of Singapore, which was reserved for Malay candidates. [6] Salleh said "I believe I have done well for myself in business and would like to step up and give back to society in a much larger way." and that he "can also fulfill the call of most Singaporeans who desire a truly independent Elected President, one who is untainted by party politics". [6]

Salleh applied on the premise that although Second Chance Properties' shareholder equity was between $254.3 million and $263.25 million in the past three financial years, which fells short of the $500 million required for automatic qualification as a candidate, it did not prevent the Presidential Elections Committee to qualify him, if it is satisfied that he has the experience and ability to effectively carry out the functions and duties of the office of the President. [7] Nonetheless, on 11 September 2017, the Committee rejected his application, issuing only one Certificate of Eligibility to Halimah Yacob. [8]

Salleh Marican Foundation

Salleh founded the Salleh Marican Foundation with the intention to donate a total sum of SGD $100 million to support select causes in Singapore and other countries. [9] The Salleh Marican Foundation was incorporated in Singapore on 18 November 2021.[ citation needed ]

Personal life

Salleh is married to Sapiyah Abu Bakar. They have four children. [10]

Achievements

1988 - Inaugural SMCCI/BH Malay Businessman of the Year Award [11]

1996 - Lianhe Zaobao and the Entrepreneurship Development Centre of Nanyang Technological University Entrepreneurship Excellence Award [11]

2011 - Berita Harian Achiever of the Year Award [12]

2012 - Ernst & Young Entrepreneur of the Year - Business and Consumer Products [13]

2013 - Singapore Corporate Awards Best Chief Executive Officer Award [14]

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References

  1. ↑ Mohamed Salleh Marican. "Annual Report 2011, Second Chance Properties Pte Ltd" (PDF). www.secondchance.com.sg. p. 28. Retrieved 5 September 2017.
  2. 1 2 "Uphill task to run for President, but believer in second chances is undeterred". TODAYonline. Retrieved 25 August 2017.
  3. ↑ "2ndChance:Board of Directors". www.secondchance.com.sg. Archived from the original on 1 May 2012. Retrieved 25 August 2017.
  4. 1 2 "Presidential Election 2017: Second Chance CEO Salleh Marican calls Halimah Yacob a 'good candidate'". Yahoo News Singapore. Retrieved 25 August 2017.
  5. ↑ Auto, Hermes (31 May 2017). "Presidential Election 2017: Second Chance CEO Salleh Marican says he wants to contest | The Straits Times". www.straitstimes.com. Retrieved 3 March 2023.
  6. 1 2 Yahya, Yasmine (31 May 2017). "Presidential Election 2017: Second Chance CEO Salleh Marican says he wants to contest". The Straits Times. Retrieved 27 August 2017.
  7. ↑ Auto, Hermes (23 August 2017). "Businessman Salleh Marican submits application to contest presidential election | The Straits Times". www.straitstimes.com. Retrieved 3 March 2023.
  8. ↑ "Halimah Yacob set to be next President after other potential candidates fail to qualify". Channel NewsAsia. 11 September 2017. Archived from the original on 11 September 2017. Retrieved 12 September 2017.
  9. ↑ "About — Salleh Marican Foundation". Salleh Marican Foundation. Retrieved 6 July 2022.
  10. ↑ "Family of presidential hopeful Salleh Marican gears up for election campaign" . Retrieved 25 August 2017.
  11. 1 2 "Second Chance Properties Ltd - Board of Directors". Archived from the original on 1 May 2012. Retrieved 25 August 2017.
  12. ↑ "Media Releases - Singapore Press Holdings". Singapore Press Holdings.
  13. ↑ "EY Entrepreneur Of The Year 2012 – Business and Consumer Products". Ernst & Young Singapore.
  14. ↑ "Award Winners at SCA 2013". Singapore Corporate Awards.
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