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

by Kim Browne

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

SHARES of accommodation assets 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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Centurion surges 6.3% after news that it is exploring a Reit listing - L'Officiel Lifestyle