Centurion Corp

Singapore-Malaysia ties

Centurion likely to be ‘clear winner’ of JS-SEZ; Malaysia to benefit more in near-term: CGSI

Centurion has eight workers’ dormitories in Malaysia with 66% of them located in Johor.
Centurion reports 3QFY2024 revenue of $62.1 million, up 22% y-o-y - THE EDGE SINGAPORE

Results

Centurion reports 3QFY2024 revenue of $62.1 million, up 22% y-o-y

Revenue for 9MFY2024 rose by 25% y-o-y to $186.5 million.
Centurion Corp CEO acquires 300,000 new shares; ups stake to 58.6%  - THE EDGE SINGAPORE

Insider moves

Centurion Corp joint chairman Loh acquires 300,000 new shares; ups stake to 58.6%

The 300,000 shares were acquired at 74 cents apiece, or for $222,000.
Centurion's joint chairman Loh spends raises stake in company - THE EDGE SINGAPORE

Insider moves

Centurion's joint chairman Loh raises stake in company

CEO Kong Chee Min recently bought shares too

Company in the news

Centurion Corp's JV signs master lease for Hong Kong property

The property is within walking distance to the Hong Kong Polytechnic University and Hong Kong Metropolitan University.

Results

Higher rental amid recovery in demand helps lift Centurion's 1QFY2024 revenue by 30%

'We will continue to enhance our portfolio and explore opportunities for growth'
Centurion's HK foray not yet significant; RHB stays positive for now - THE EDGE SINGAPORE

Broker's Calls

Centurion's HK foray not yet significant; RHB stays positive for now

The number of beds will be increased by 6.5% this year
Analysts bullish on Centurion Corp following robust FY2023 results - THE EDGE SINGAPORE

Broker's Calls

Analysts bullish on Centurion Corp following robust FY2023 results

Analysts at CGS International and UOB Kay Hian have both kept their 'buy' calls on Centurion Corp at raised target prices.
RHB, KGI stay upbeat on Centurion Corp following sale-leaseback move - THE EDGE SINGAPORE

Broker's Calls

RHB, KGI stay upbeat on Centurion Corp following sale-leaseback move

Centurion might give out a special dividend if no significant capex needed
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