tiprankstipranks
Company Announcements

Centurion Completes Westlite Bukit Minyak Sale-Leaseback

Centurion Completes Westlite Bukit Minyak Sale-Leaseback

Centurion Corporation Limited (SG:OU8) has released an update.

Centurion Corporation Limited has successfully completed the sale and subsequent leaseback of Westlite Bukit Minyak on March 21, 2024. This strategic financial move ensures that the company’s indirect wholly-owned subsidiary will continue to operate the property for 15 years, assuring long-term facility usage despite the ownership change.

For further insights into SG:OU8 stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1