I first came across Centurion Stock in an analyst report in which the analyst gave a “Buy” call for the stock as one of the stocks which investors could consider investing for the year 2014. Centurion Stock made headlines once again as it announced plans that it would be purchasing some hectares of land in Jakarta for the development of worker accommodation. Yes, that is the core business of Centurion: building worker dormitories and worker accommodation. Workers, in this post mean migrant workers who are mainly construction workers.
The Singapore government has also announced that our country will be building more worker dormitories so as to house more workers in their designated quarters rather than in HDB flats. Workers are a buzzwords these days especially so after some Indian workers became unlawful and created a havoc in Little India on 8 December 2013. Police investigations into the Little India riots are ......
