Centurion Corporation Limited

As its home base, the Group will propagate to investigate extension chances in Singapore through active participation in land tender on sites released by the Government in the future for developing and building new accommodation sites. The Company issuer had announces on 23 August 2013 that it had submitted an bids delicate for an area spotted at Woodlands Avenue 10 for a proposed workers accommodation development. The verbally communicated delicate is according to a welcome for delicate by Jurong Town Corporation ("JTC"), which shut on 16 August 2013. Predicated on the delicate timetable surrendered by JTC on 22 August 2013, the Issuer's aberrant wholly-claimed subsidiary has developed as the most astounding bidder in the delicate as verbally communicated in the declaration, JTC will take roughly eight to ten weeks from the delicate shutting date to assess the delicate offers submitted before the recompense of delicate. The Issuer will make a further declaration when JTC authoritatively declares the honor of delicate for the Land. The Group is heartily looking for chances to develop its convenience portfolio in other mechanical hubs of Malaysia, for example Penang. Related to Johor, Penang is a key streamlined center point and polarized large groups gigantically gigantic multinational organizations to make their assembling base here. . It relies heavily on its large foreign workers population base to support the manufacturing activities, and with a supportive government , Penang has the mandatory elements for the advancement of value purpose built specialists convenience. The Group plans to copy its Johor plan of action and fabricate a portfolio of specialists settlement to cater the outside laborers in Penang. The Group is withal heartily investigating chances to improve convenience for manual laborers and additionally for cubicle chiefs and regulatory staff in the area. In Jakarta, Indonesia, on account of the congested activity conditions, specialists want...