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Centurion Corporation Limited ( (SG:OU8) ) just unveiled an announcement.
Centurion Corporation Limited has submitted a listing application to the Singapore Exchange Securities Trading Limited (SGX-ST) and various applications to the Monetary Authority of Singapore (MAS) for a proposed real estate investment trust (REIT) listing. The proposed REIT, if approved, will be sponsored by Centurion and listed on the SGX-ST. The finalization of the IPO terms is pending, subject to market conditions, regulatory approvals, and commercial negotiations. Stakeholders are advised to exercise caution as there is no certainty that the transaction will proceed as planned.
The most recent analyst rating on (SG:OU8) stock is a Buy with a S$1.11 price target. To see the full list of analyst forecasts on Centurion Corporation Limited stock, see the SG:OU8 Stock Forecast page.
More about Centurion Corporation Limited
Centurion Corporation Limited is a company incorporated in Singapore, primarily involved in the real estate industry. It focuses on establishing and managing real estate investment trusts (REITs) and aims to expand its market presence through strategic listings.
Average Trading Volume: 1,811,170
Technical Sentiment Signal: Buy
Current Market Cap: S$1.24B
See more insights into OU8 stock on TipRanks’ Stock Analysis page.