Centurion Corp. Invests AU$2.5 million in Australian Student Accommodation Project

MT Newswires

2024/10/16

Centurion Corp. (SGX:OU8) has agreed to invest AU$2.5 million in an Australian company that is developing a student accommodation project.

The company will subscribe to 2.5 million shares in Lachlan Avenue Development, which accounts for a 25% stake in the target company, according to a filing with the Singapore Exchange on Tuesday.

Lachlan Avenue Development owns a site situated in Lachlan Avenue and Herring Road in Australia and has obtained approval to develop the site into a 732-bed student accommodation.

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Invests AU$2.5 million in Australian Student Accommodation Project\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2024-10-16 11:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Centurion Corp. 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