Han buys 500,000 shares in Centurion Corp; company maintains steady capacity expansion

Pauline Wong
Pauline Wong9/6/2019 6:30 AM GMT+08  • 3 min read
Han buys 500,000 shares in Centurion Corp; company maintains steady capacity expansion
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

(Sept 9): Non-executive director and controlling shareholder of Centurion Corp, Han Seng Guan, bought 500,000 of the accommodation provider’s shares for HK$2.36 on Aug 27, bringing his total holdings to 482,530,926 shares, or a 57.4% stake in the company. Han had in March acquired 444,000 shares for HK$2.40 each.

Han’s deemed stake is held via an entity called Centurion Global, which he jointly controls with his maternal cousin David Loh Kim Kang, who is also a non-executive director of Centurion Corp. The shares in the listed Centurion are held via Centurion Properties, which is a subsidiary of Centurion Global.

Han was not the only one acquiring Centurion Corp shares. Loh acquired a total of 650,000 shares at 40 cents each in June, bringing his total stake to 478,493,076 shares.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.