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Centurion surges 6.3% after news that it is exploring a Reit listing 

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Therese Soh

Therese Soh

Published Wed, Jan 8, 2025 · 10:44 AM — Updated Wed, Jan 8, 2025 · 06:40 PM
    • The company says that, if established, the Reit will be listed on the SGX’s mainboard, subject to approval from the bourse and the Monetary Authority of Singapore.
    • The company says that, if established, the Reit will be listed on the SGX’s mainboard, subject to approval from the bourse and the Monetary Authority of Singapore. PHOTO: BT FILE

    SHARES of accommodation-asset operator Centurion surged 6.3 per cent on Wednesday (Jan 8) following the previous day’s news that it is exploring a real estate investment trust (Reit) listing on the Singapore Exchange (SGX).

    At 9.39 am, the counter had advanced 6.3 per cent or S$0.06 to S$1.02 from Tuesday’s closing price of S$0.96, hitting a high in more than a decade. The share price had soared to a high of S$1.19 in 2007.

    No married deals were recorded based on ShareInvestor data. 

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