Stocks to watch: Centurion, Resources Prima

THE following stocks had material developments which may affect their trading on Monday.

Dormitory operator Centurion Corporation said after the close of trading last Friday that it was exploring injecting some of its worker dormitory assets into a real estate investment trust (Reit) to be listed on the mainboard of the Singapore Exchange.

Centurion last traded at 57 Singapore cents.

Indonesian coal miner Resources Prima has responded to a recent share price plunge, saying it remains confident over long-term growth prospects despite a competitive environment and cautious sentiment.

Resources Prima last traded at 10.1 Singapore cents.