Centurion Corporation Limited has announced the lodgement of the preliminary prospectus for its proposed Centurion Accommodation Real Estate Investment Trust (REIT) with the Monetary Authority of Singapore. This marks a significant step towards the potential listing of the REIT, although the company has cautioned that there is no certainty the transaction will proceed as described.
The preliminary prospectus outlines the proposed structure and details of the REIT, but Centurion has advised shareholders and potential investors to exercise caution. The company emphasised that the transaction’s occurrence is not guaranteed and urged stakeholders to consult professional advisers if in doubt.
The company has reiterated that the information in the preliminary prospectus is subject to change and that any investment decisions should be based solely on the final prospectus once it is registered.
