Centurion Corporation

M&A

Centurion Corp set to acquire remaining 51% stake in Oriental Amber

The acquisition will be completed on Dec 21, following which Oriental Amber will become a 100%-owned subsidiary of Centurion.

Company in the news

Centurion disposes of two Malaysian assets for RM227 mil

The group will then enter into lease agreements with Malaysia's public pension fund KWAP to leaseback the properties for 15 years.

Results

Centurion reports 3QFY2023 revenue of $51.0 mil, 15% higher y-o-y

The company’s revenue for the 9MFY2023 rose by 10% y-o-y to $149.0 million.

Company in the news

Centurion signs MOU with KEZAD Communities to explore opportunities in providing accommodation in Middle East

KEZAD Communities is Abu Dhabi’s largest end-to-end staff accommodation owner and solutions provider.

Broker's Calls

Brokers’ Digest: OCBC, Centurion, Frasers Property, Aztech Global, Sats, SIA

Here's what the analysts have to say this week.

Broker's Calls

RHB expects neutral impact on Centurion Corp despite dormitory upgrades by 2030

Analyst Alfie Yeo has kept his “buy” call with an unchanged target price of 62 cents.

Broker's Calls

Lim and Tan keeps 'buy' on Centurion Corp as dormitory outlook remains positive

Analyst Chan En Jie has maintained his target price of 58 cents given the healthy pipeline of dormitory beds.
Rebuilding the construction industry - THE EDGE SINGAPORE

Construction

Rebuilding the construction industry

The construction industry in Singapore so far has painted a mixed picture for construction stocks.
Dorm crunch underpins Centurion’s better 1HFY2023 - THE EDGE SINGAPORE

Construction

Dorm crunch underpins Centurion’s better 1HFY2023

The shortage of bed supply for migrant workers has pushed rents up, benefiting dormitory operators like Centurion Corp.
×