Growth Prospects for Centurion Corp. Seems Intact -- Market Talk

Dow Jones
Nov 19

0206 GMT - Growth prospects for Centurion Corp. retains its bull at RHB Research, with the company's new focus seen to be in property development, acquisitions and managing Centurion Accommodation REIT. Research analyst Alfie Yeo notes that these drivers are still in place, adding that the remaining assets could contribute through better occupancy, bed capacity expansion and asset enhancements. Still, the Singapore property company's narrow miss for 3Q revenue leads Yeo to reduce his 2025 and 2026 earnings estimates by 7% and 3%, respectively. Centurion Corp. could pay a further dividend in specie when it pares its stake in its managed REIT, he adds. RHB maintains a buy rating and a target price of S$1.85 on the stock, which is 0.7% higher at S$1.36.(megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

November 18, 2025 21:06 ET (02:06 GMT)

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