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SATS Ltd (SATS.SI)

SATS.SI on Stock Exchange of Singapore

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25 Apr 2018
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Latest Key Developments (Source: Significant Developments)

SATS Posts Q3 Profit Attributable Of S$‍66.6​ Mln
Tuesday, 13 Feb 2018 04:38am EST 

Feb 13 (Reuters) - SATS Ltd ::Q3 PROFIT ATTRIBUTABLE S$‍66.6​ MILLION VERSUS S$65.1 MILLION A YEAR AGO.Q3 REVENUE S$439.8 MILLION VERSUS S$440.9 MILLION.  Full Article

SATS Wins Mumbai Airport International Cargo Concession​
Friday, 29 Dec 2017 08:35am EST 

Dec 29 (Reuters) - SATS Ltd ::ANNOUNCES MUMBAI AIRPORT INTERNATIONAL CARGO CONCESSION​ WIN.CONCESSION WILL COMMENCE IN APRIL 2018 AND RUN FOR 18 YEARS.  Full Article

SATS Ltd Says Unit Subscribed For 49 Pct Stake In Mumbai Cargo Service Center Airport Pvt
Wednesday, 27 Dec 2017 06:17am EST 

Dec 27 (Reuters) - SATS Ltd ::UNIT SATS INVESTMENTS (II) SUBSCRIBED FOR 49 PERCENT STAKE IN MUMBAI CARGO SERVICE CENTER AIRPORT PRIVATE LTD.  Full Article

Sats Q2 revenue S$‍434.8​ million versus S$438.5 million
Thursday, 9 Nov 2017 05:03am EST 

Nov 9 (Reuters) - Sats Ltd :Q2 revenue S$‍434.8​ million versus S$438.5 million.Q2 profit attributable to owners of co S$‍72.2​ million versus S$62.1 million.Declared interim dividend of 6 singapore cents per share‍​.  Full Article

SATS announces joint ventures with AirAsia Berhad​‍​
Monday, 30 Oct 2017 05:44am EDT 

Oct 30 (Reuters) - SATS Ltd :‍Will acquire 50 percent interest in Ground Team Red Holdings for SATS' 80 percent stake in SGSS and aggregate cash consideration of SGD119.3 million​.Announces joint ventures with AirAsia Berhad​‍​.  Full Article

SATS Ltd says qtrly profit attributable down 10.6 pct
Friday, 21 Jul 2017 05:33am EDT 

July 21 (Reuters) - Sats Ltd ::For Q1 ended 30 June 2017, group revenue grew S$2.3 million or 0.5% year-on-year to S$426.5 million .Qtrly profit attributable to owners of co was S$57.3 million, S$6.8 million or 10.6% lower than last corresponding quarter."There is no indication that low yields across airline industry will improve in near future, so pricing pressure on sats is expected to continue"."Growth in air travel, ecommerce and demand for high quality, safe food remain strong".  Full Article

SATS Ltd appoints Seah Kok Khong, Manfred as CFO
Thursday, 8 Jun 2017 05:29am EDT 

June 8 (Reuters) - SATS Ltd. :Appoints Seah Kok Khong, Manfred as CFO.  Full Article

Sats update on JV with Jilin Ipf and Proposed Share Acquisitions in Jilin Zhong Xin Cheng Food
Wednesday, 7 Jun 2017 11:38am EDT 

June 7 (Reuters) - Sats Ltd :Sats food services pte entered subscription and JVA with Jilin Ipf Pte. Ltd, in relation to their joint investment in SGIPF.Under Singapore JVA, SFS shall subscribe for 58 shares in capital of SGIPF for an aggregate amount of S$7.6 million.Under Singapore JVA JIPF shall subscribe for 40 shares in capital of SGIPF for an aggregate amount of s$4.8 million.SGIPF entered share transfer agreements to acquire 30% stake in Jilin JVCO from SFS at a consideration of S$9.6 million.SGIPF entered share transfer agreements to acquire 5% stake in JILIN JVCO from JSTATECO at a consideration of RMB6.4 million.  Full Article

SATS says Q4 revenue S$425.8 mln, up 2 percent
Thursday, 18 May 2017 07:23pm EDT 

May 19 (Reuters) - SATS Ltd ::Q4 revenue S$425.8 million, up 2 percent.Qtrly profit attributable S$66.6 million versus S$50.7 million.Proposed full year dividend of 17 Singapore cents.  Full Article

Sats says unit entered into conditional joint venture agreement
Monday, 24 Apr 2017 11:50pm EDT 

April 25 (Reuters) - Sats Ltd :SG IPF Pte. Ltd has on 24 april 2017 entered into a conditional joint venture agreement with Chia Tai Animal Husbandry Investment.Deal in relation to proposed joint investment in Jilin Zhong Xin Cheng Food Co., Ltd..ctahib and SGIPF shall provide additional capital contributions of RMB286 million and RMB154 million respectively to Jilin Jvco.  Full Article

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AirAsia to sell more stakes in non-flying businesses to fund dividends

SINGAPORE AirAsia Bhd on Tuesday said it plans to sell more stakes in non-flying businesses to fund special dividends to shareholders, after announcing a new ground handling joint venture (JV) with Singapore's SATS Ltd .