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Centurion Corp maintains steady course with accommodation business: RHB

Benjamin Cher
Benjamin Cher10/7/2019 03:03 PM GMT+08  • 3 min read
Centurion Corp maintains steady course with accommodation business: RHB
RHB Group Research is maintaining its “neutral” call on Centurion Corp with an unchanged target price of 43 cents
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SINGAPORE (Oct 7): RHB Group Research is maintaining its “neutral” call on Centurion Corp with an unchanged target price of 43 cents, on the back of its purpose built workers accommodation (PBWA) performance.

The PBWA assets provide a safe and secure environment for foreign workers, along with a range of amenities such as gyms, supermarkets and sick bays.

“The increasing awareness of the need for improved living conditions of foreign workers has led to the rising demand for quality workers accommodation,” says lead analyst Lee Cai Ling in an Oct 7 report.

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