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Centurion refreshes board leadership and committees ahead of director retirement

Story Highlights
  • Centurion has restructured key board committee roles, appointing Tan Poh Hong as Lead Independent Director and Audit Committee chair.
  • The company added independent director Frank Khoo and set succession for long-serving director Owi Kek Hean’s retirement under SGX tenure limits.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Centurion refreshes board leadership and committees ahead of director retirement

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Centurion Corporation Limited ( (SG:OU8) ) has shared an announcement.

Centurion Corporation Limited has announced a series of board and board committee changes effective 12 February 2026, as part of its board renewal and transition plan. Independent non-executive director Tan Poh Hong will become Lead Independent Director, chair the Audit Committee, and join the Nominating Committee, while relinquishing the chair of the Remuneration Committee.

Fellow independent director Lee Wei Loon will assume the chair of the Remuneration Committee, and Nicholas Kong Ming Leong will chair the Nominating Committee and join the Audit Committee, with adjustments to their other committee memberships. The company has also appointed Frank Khoo Shao Hong as an independent non-executive director and Remuneration Committee member, while long-serving independent director Owi Kek Hean steps down from his lead and committee roles ahead of his planned retirement in April 2026 under SGX rules capping independent director tenure at nine years.

The most recent analyst rating on (SG:OU8) stock is a Buy with a S$1.81 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 Singapore-incorporated company listed on the Singapore Exchange, with a board comprising executive and independent non-executive directors. It operates within a regulated environment that requires adherence to SGX Listing Rules, including limits on independent director tenure and specific governance structures for board committees.

Average Trading Volume: 1,223,995

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$1.32B

See more insights into OU8 stock on TipRanks’ Stock Analysis page.

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