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Corporate Milestones

1981

SM Summit Holdings Ltd ("Summit") was incorporated in Singapore to provide audio cassette tape duplication service.

1988

Summit expanded to Malaysia and a manufacturing plant was set up in Malaysia ("Summit Malaysia")

1991

Summit Singapore diversified into CD manufacturing. Customer base grew to include major record companies like BMG, EMI, Polygram, Ponycanyon, Sony and Warner.

1992

Summit Malaysia was granted pioneer status for five years by the Malaysian authorities.

1994

Summit Singapore became the first CD manufacturer in Singapore to install a 6-colour offset printing machine. Additional replication lines were also added and installed to meet increasing orders.

1995

Summit was successfully listed on the 2nd Board of the Singapore Stock Exchange. Summit and its Singapore subsidiaries moved into their own factory building at 45 Ubi Road 1. Summit expanded into Australia and a CD manufacturing plant was set up in Sydney, Australia.

1998

Summit's listing was upgraded to the Mainboard of the Stock Exchange of Singapore. Summit Singapore successfully attained ISO 9002 Certification for achieving International Quality Standards.

1999

Summit Singapore expanded into DVD and CDR manufacturing and also started to offer and provide warehousing and distribution services to customers.

Summit was awarded Pioneer Status by the Economic Development Board (EDB) of Singapore for the production of CDRs and DVDs.

Summit Australia expanded to provide paper printing and packaging.

Summit Malaysia was listed on the Malaysia Stock Exchange.

2000

Summit was awarded Overseas Enterprise Incentive status by the EDB for expanding and venturing overseas.

2001

Wow Vision Pte Ltd ("WOW) was incorporated to focus on R&D in wireless technology.

2002

Summit Singapore became the first South East Asian plant to be certified by CDSA under its Anti-Piracy Compliance Program (APCP).

Summit Australia became an Authorised Disc Manufacturer (CD Rom) for Microsoft.

FairVision Pte Ltd, a subsidiary and joint-venture company with FairPrice, one of the largest retail chain in Singapore, was established to install wireless, real-time point-of-purchase displays for retail advertisements in Singapore.

2003

Summit Australia expanded into DVD and was awarded the ISO 9001 certification, and became an Authorised Disc Manufacturer (DVD) for Microsoft.

Summit Singapore set up a representative office in Tokyo, Japan through IE Singapore to penetrate into Japan market.

2004

Summit Singapore increased DVD production capacity.

Summit expanded into Indonesia, acquiring a CD manufacturing plant, which was managed by Summit since 2002.

Summit Indonesia was certified by the CDSA under the Anti-Piracy Compliance Program.

2005

Summit Singapore increased DVD production capacity.

Summit expanded into Indonesia, acquiring a CD manufacturing plant, which was managed by Summit since 2002.

Summit Indonesia was certified by the CDSA under the Anti-Piracy Compliance Program.

2006

Summit China relocated its plant to Shanghai Songjiang and expanded its production capacities.

2007

Summit Singapore received ISO 14001 certification.

Summit Singapore acquired production facilities from Scorpio East, one of the largest distributor and licensee for video products. Exclusive long-term manufacturing contract was signed.

2008

Summit Singapore was the first in the Industry to be successfully certified under the CDSA's Anti-Piracy and Compliance Program in the areas of content protection and security.

Summit Indonesia expanded CD & DVD capacities and shifted its operations into a larger factory in an Industrial Park in Jakarta. Summit Indonesia received ISO 14001 certification.

2009

A new associate company, Typhoon Creations was incorporated in Singapore for the distribution of products related to popular animated movies and characters in South East Asia.

Summit went into a joint venture to provide warehousing and distribution in Singapore.

2010

Summit entered into term sheets to acquire 100% interest in Centurion Dormitory (Westlite) Pte Ltd ("Westlite") and 45% interest in Lian Beng Centurion (Mandai) Pte Ltd.

2011

July
SM Summit completed its reverse takeover exercise on 31 July 2011 and resumed trading under the name of Centurion Corporation Limited ("Centurion") in October.

August
Centurion Dormitory (Westlite) Pte Ltd ("Westlite") became a wholly own subsidiary of the Centurion. Centurion has 5,300 beds in its initial portfolio.

November
Centurion made its first acquisition in Malaysia, a piece of land at Johor Technology Park.

2012

February
Centurion acquired Westlite Tebrau in Johor, Malaysia.

Centurion acquired Westlite Tuas in Singapore.

April
Centurion acquired Westlite Cemerlang in Johor, Malaysia.

May
Centurion acquired a piece of land in Tampoi Industrial Park, Johor, Malaysia.

Centurion obtained shareholders’ approval to expand scope of business to include student hostels, industrial properties and across geographical markets of South-East Asia, China, Taiwan, Australia, the United Arab Emirates, Qatar and Saudi Arabia.

September
The Group acquired a piece of land at Port Hedland, Western Australia.

October
The Group acquired Westlite Pasir Gudang in Johor, Malaysia.

December
The Group acquired a plot of land in Senai, Kulaijaya, Malaysia.

2013

March
Centurion acquired two blocks of workers accommodation in Pasir Gudang, Johor, Malaysia.

Centurion acquired a plot of land in Senai, Kulaijaya, Malaysia. It is located next to a plot of land owned by the Group.

September
The Group announced the successful tender of a piece of JTC land at Woodlands Avenue 10. Westlite Woodlands has a capacity of 4,100 beds to house foreign workers in the marine, process and manufacturing industries.

October
The Group successfully issued its inaugural S$100 million 5.25% MTN which will be due in 2016.

November
The Group diversified into the student accommodation business with the announcement of acquisition of RMIT Village in Melbourne, Australia.

December
The Group announced the acquisition of a plot of land in Bekasi, Jakarta, Indonesia.

2014

January
Centurion officially opened Westlite Johor Technology Park in Senai, Johor, Malaysia.

February
Centurion announced the completion of the acquisition of RMIT Village.

April
Official opening of Westlite Mandai on 18 April 2014.

June
Centurion announced the acquisition of a 7.6 acres freehold land in Nusajaya, Johor, Malaysia.

August
Centurion announced that it had entered into a sale and purchase agreement to acquire a 4.42 acre land located near Bukit Minyak, Penang, Malaysia.

September
Centurion announced the completion of acquisition of the UK student accommodation portfolio.

October
Centurion obtained shareholders' approval to expand the geographical scope of its student and workers accommodation businesses to include the Middle East, Europe, the United States and Canada.

Increase of the Multicurrency Medium Term Note ("MTN") programme limit to S$500 million.

Centurion was awarded SIAS 15th Investors' Choice Awards 2014 - Most Transparent Company Awards, Technology, Runner Up.

November
Centurion announced that it has won an open tender for a plot of land in Juru, Penang, Malaysia.

December
Centurion announced that it and Lian Beng will jointly develop a 7,900 bed workers accommodation and ASPRI training centre on a plot of land in Jalan Papan, Singapore.

2015

January
Centurion announced that it is exploring the feasibility of establishing a workers accommodation REIT.

Centurion was awarded the 28th Annual (2015) Singapore 1000 Award - Profit Growth Excellence (Services).

March
Centurion, Lian Beng and ASPRI celebrated the successful groundbreaking of ASPRI-Westlite Papan.

Centurion announced the decision to defer and reconsider the proposed REIT transaction to a later stage.

May
Centurion announced that it has won a tender to operate a student hostel located at 1A Short Street in Singapore.

July
Westlite Woodlands has successfully achieved TOP.

The Group successfully issued S$65 million 5.25% MTN which will be due in 2018. 

December
CSL Selegie has successfully completed its refurbishment works.

2016

January
Westlite Senai II has successfully achieved completion.

Centurion, Lian Beng and ASPRI celebrated the successful topping out of ASPRI-Westlite Papan.

May
Centurion announced the acquisition of four UK student assets with 519 beds in Manchester, Bristol and Newcastle for a total purchase consideration of £20.1 million.

ASPRI-Westlite Papan has successfully achieved TOP. 

July
Centurion announced the completion of acquisition of its fifth to eighth UK student assets.

Mr Kong Chee Min was awarded the Best Chief Executive Officer (companies with less than S$300 million in market capitalisation) at the Singapore Corporate Awards 2016.  

September
All eight UK student accommodation assets achieved accreditation from the ANUK National Code of Standards for Larger Student Developments 2016.

October
Centurion has redeemed in full and cancelled the S$100 million 5.25% MTN due Oct 2016.

2017

 January
Westlite was awarded the Project Greenback 2.0 Johor Bahru Gold Partner Award (2015-2016) by the Bank Negara Malaysia and the World Bank. 

February
Centurion launched a new brand for its student accommodation business 'dwell' in Manchester, United Kingdom. 

March
Centurion announced the acquisition of dwell Adelaide, a development site in Adelaide, Australia. 

April
The Group successfully issued S$65 million 5.25% MTN which will be due in 2020.

Centurion announced that it is proposing to seek a dual primary listing on the main board of the Stock Exchange of Hong Kong Limited ("SEHK"). 

May
The Group successfully issued S$20 million 5.25% MTN which will be due in 2020 (to be consolidated and form a single series with the existing S$65 million notes due 2020 issued in April 2017).

Successful groundbreaking ceremony of dwell Adelaide. 

Commenced an asset enhancement programme for the development of a new wing at RMIT Village. 

June
Centurion announced the completion of acquisition of dwell Adelaide.

July
Ms Foo Ai Huey was awarded the Best Chief Financial Officer (companies with less than S$300 million in market capitalisation) at the Singapore Corporate Awards 2017.

Centurion Investor Relations Team was awarded the Best Investor Relations Silver Award (companies with less than S$300 million in market capitalisation) at the Singapore Corporate Awards 2017.

Centurion announced the proposed acquisition of a portfolio of five student accommodation assets in the United States. 

August
Centurion announced the proposed acquisition of a student accommodation asset located in close proximity to Yale University in the United States.

September
Centurion won the inaugural Shareholder Communications Excellence Award (Mid Cap – companies with market capitalisation of S$300 million to less than S$1 billion) at the SIAS 18th Investors' Choice Awards 2017.