SINGAPORE (Nov 24): PhillipCapital has started coverage for Centurion Corporation with a “buy” recommendation and a target price of 42 cents.
PhillipCapital’s analyst Jeremy Teong noted that the group is the second largest purpose built workers’ accommodation operator in Singapore, and the only purpose built workers’ accommodation operator in Malaysia. It also provides purpose built students accommodation in Singapore, United Kingdom and Australia.
So why should investors buy Centurion?
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