Centurion - Phillip Securities 2025-05-21: Robust Asset Pipeline By Year End

• Centurion stated that its potential REIT listing could result in a dividend in species for shareholders, although specific details are not finalised.
• We maintain ACCUMULATE with a higher Centurion's target price of S$1.45 (previously S$1.22). Our FY25e revenue/PATMI estimates are unchanged.

1Q25 Updates

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -

The Positives

Singapore worker accommodation revenue grows 17% y-o-y.

• Read more at SGinvestors.io.

Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.

Read also Phillip's most recent report:
2025-11-17 Centurion - Portfolio Expansion Drives Longer-term Growth.

Previous report by Phillip:
2025-09-15 Centurion - REIT Listing Nears Finish Line.

Price targets by 4 other brokers at Centurion Target Prices.

Listing of research reports at Centurion Analyst Reports.

Relevant links:
Centurion Share Price History,
Centurion Announcements,
Centurion Dividend Payout Dates & Corporate Actions,
Centurion News