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Centurion defers Reit listing plan

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Published Fri, Mar 20, 2015 · 09:50 PM

Singapore

CENTURION Corporation says it has decided to defer and reconsider its earlier proposal of spinning off its worker accommodation assets into a real estate investment trust (Reit).

This followed further consultation with the Singapore Exchange (SGX), which has informed the group that the proposed listing of the Reit would be considered a "chain listing" under Listing Rule 210(6).

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