Westlite Toh Guan and Mandai were the two hotspots with more than a hundred confirmed cases each. Register now, watch later → https://bit.ly/FSCCENWEB, Become a part of our community and also see what other investors are saying about the current market right now: (click on the view now button). Prior to becoming CEO of Centurion Group, Fernando was President, CEO and a member of the Board of Directors of the NASDAQ-listed oilfield services Group, Tesco Corporation. Centurion also has a dormitory business in Malaysia with 30,700 beds. The Fifth Person believes in spreading a message – that sound investment knowledge, financial literacy and intelligent money habits can help millions of people around the world achieve financial security, freedom, and lead better lives for themselves and their loved ones. This time, we have Kong Chee Min, CEO of Centurion Corporation Limited, who will be sharing about Centurion’s businesses in this COVID-19 period. Mr. Gregory G. Romundt is the founder and President of the Asset Manager, the Property Manager, the Mortgage Manager, the Mortgage Servicer, Centurion Apartment REIT, Centurion Real Estate Opportunities Trust, and Centurion Financial Trust. He received his Honours Bachelor of Arts in Commerce and Economics from the University of Toronto, Ontario, Canada in 1981. Here are 10 things I learned from the 2020 Centurion AGM. Prior to joining Centurion, he was the Chief Financial Officer and Chief Compliance Officer of Sevenoaks Capital Inc., an alternative investment manager, regulated by the Ontario Securities Commission, catering to high net worth individuals both in Canada and internationally. Get to ask your questions and interact with the CEO of Centurion during the Q&A session! Sarah brings over ten years of strategic marketing and leasing experience in the residential property management industry. According to CEO Kong Chee Min, worker dormitories are normally well-maintained. Centurion has been paying a regular dividend of two cents per share over the past few years. Hear it from Chee Min himself, about what the future holds for Centurion in the specialised accommodation industry and how it is navigating through during this global pandemic. Centurion Real Estate Opportunities Trust. Hopefully, the government will clamp down on any errant practices.). He has been engaged in investment in residential real estate since 1997 and investments and financial markets since 1991. Centurion also provided free WiFi for migrant workers to keep in touch with their families when Singapore imposed the circuit breaker measures. Hence, should the authorities conduct a review on the housing needs of migrant workers, there might be changes to purpose-built dormitories. President and CEO. Stay updated with the latest finance tips! This time, we have Kong Chee Min, CEO of Centurion Corporation Limited, who will be sharing about Centurion’s businesses in this COVID-19 period. Most recently, Mr. Boyce was the President of Evergreen Capital Group, a consulting firm involved in providing corporate finance, business transition, as well as expansion- and succession-related advisory services to mid-market clientele. Mr. Orr has held senior finance positions in a number of companies ranging from a private investment firm, a large multi-national financial institution and a global accounting firm. Critics have pointed out that migrant workers in Singapore are mistreated, underpaid, and have to endure poor living conditions in cramped spaces. Paul Mayer has over 20 years of sales and marketing experience at the VP level. A revamped purpose-built dormitory can offer better living conditions and amenities including the provision of a gym, pool table, basketball court, badminton court, barbershop, ATMs, etc. Laura also acts as Secretary to the Board of Trustees for Centurion Apartment REIT, Centurion Real Estate Opportunities Trust, and Centurion Financial Trust. The management expects hits on occupancy rates to be harder on student dormitories than on worker dormitories in the short term. Its workers accommodation assets are managed under the Westlite brand while its student accommodation assets are managed under the dwell brand. Before joining Centurion, Paul was Head of Business Development of Inflection Management, a Vancouver based fund of hedge funds. Mr. Ionescu has held various senior management positions in a high profile corporate environment, previously working for TransGlobe Property Management Services, Westwood Management, MetCap Living and Minto Properties. Mr. Robert Orr has over 25 years of experience within the financial services sector. If you have any questions, please contact us at: Email: info@cprosoutions.com Phone: 1 855-535-0558 or 1.604.457.1101 Also, join our telegram channel here: t.me/investingnoteofficial. From 1991 to 1997, he worked for Citibank in Toronto, New York and Singapore as a financial derivatives trader in interest rate derivatives, major and emerging currencies and exotic derivatives. Hear it from Chee Min himself, about what the future holds for Centurion in the specialised accommodation industry and how it is navigating through during this global pandemic. A few of Centurion’s worker dormitories were classified as hot spots for the contagious disease and were subsequently gazetted as isolation areas. As a licensed dormitory operator in Singapore, Centurion must follow the pre-prescribed standards and guidelines for dormitories issued by the Ministry of Manpower. Most recently, Mr. Ionescu was the Regional Manager and Asset Manager of Minto Properties where he oversaw the execution of business development strategies, client relations, marketing and leasing, revenue management and pricing strategy, budgeting/forecasting and capital project management for a multi-family portfolio of 4,000 apartments. Mr. Ionescu has over 15 years of experience in progressive roles in the Real Estate Management industry. Fret not, ask our community here! Executive Vice President, Investment Sales. Over the years, Lucian has acquired expertise in a variety of sectors, including Furnished Suites, Condominium Rentals, Commercial Real Estate Management and Student Housing. Ultimate guides to kickstart your finances, You can contribute your thoughts like The Fifth Person. Apart from worker dormitories, Centurion also provides student accommodation with a total capacity of 2,852 beds in Singapore, South Korea, Australia, the United Kingdom, and the United States. The management replied that the independent valuer considered the land lease extension of another 25 years to 2057 for its Westlite Toh Guan dormitory, which has obtained government permission for redevelopment. Centurion Corporation Limited (SGX: OU8) For a quick background, Centurion Corp Ltd owns and operates workers and student accommodation assets, as well as a storage disc manufacturing business. However, COVID-19 has caused the world economy to come to an almost complete standstill. Migrant workers living in purpose-built dormitories only need to share cooking utensils and toilets with fellow residents living in the same unit. When the DORSCON alert was raised to Orange, Centurion suspended the usage of all communal facilities and mass gatherings across its dorms. Sarah Stewart is the Associate VIce President of Marketing and Call Centre Operations for Centurion Asset Management Inc., overseeing all aspects of Centurion's marketing platforms including social media, branding, and customer experience.
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