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SATS Ltd (SATS.SI)

SATS.SI on Stock Exchange of Singapore

5.30SGD
23 May 2018
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Latest Key Developments (Source: Significant Developments)

SATS Ltd To Increase Investment In Beijing Aviation Ground Services
Wednesday, 4 Apr 2018 

April 4 (Reuters) - SATS Ltd ::CO TO SUBSCRIBE FOR ADDITIONAL SHARES IN BEIJING AVIATION GROUND SERVICES CO; RAISE STAKE FROM 28 PERCENT TO 29 PERCENT.‍CAPITAL AIRPORTS TO SUBSCRIBE FOR AND INJECT ADDITIONAL US$19.9 MILLION OF ENLARGED REGISTERED CAPITAL IN BEIJING AVIATION GROUND SERVICES​.‍ TO SUBSCRIBE FOR AND INJECT US$8.3 MILLION OF ENLARGED REGISTERED CAPITAL IN BGS​.  Full Article

SATS Ltd Enters Joint Venture Agreement With Singapore Airlines, DFASS
Thursday, 8 Mar 2018 

March 8 (Reuters) - SATS Ltd ::SIGNS JOINT VENTURE AGREEMENT AMONGST SINGAPORE AIRLINES, SATS AND DFASS.SINGAPORE AIRLINES TO SUBSCRIBE FOR A 70% EQUITY STAKE IN DFASS SATS PTE. LTD​.  Full Article

SATS Wins Mumbai Airport International Cargo Concession​
Friday, 29 Dec 2017 

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 

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 

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 

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 

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 announces partnership with the general authority of civil aviation of Saudi Arabia
Monday, 22 Aug 2016 

SATS Ltd : Sats enters Saudi Arabian cargo market) . Announces partnership with the general authority of civil aviation of Saudi Arabia (gaca) and King Fahd International Airport (kfia) . Says granted to its subsidiary Sats Saudi Arabia, the cargo handling concession is valid for 22.5 years . Says Sats will build a new cargo terminal in the vicinity of kfia and within the kingdom's new cargo village .  Full Article

SATS updates on subscription of additional shares in DFASS
Monday, 1 Aug 2016 

SATS Ltd : Says Asia-pacific star and DFASS (Singapore) each subscribed for 9.0 million ordinary shares dfass Sats for consideration of s$9.0 million each . Transaction not expected to have any material impact on sats' NTA per share and consolidated EPS for current financial year .  Full Article

Sats says cessation of Cheng Wai Wing Edmund as chairman
Tuesday, 19 Jul 2016 

SATS Ltd : Says cessation of Cheng Wai Wing Edmund as chairman and independent non-executive director .  Full Article

BRIEF-SATS Ltd To Increase Investment In Beijing Aviation Ground Services

* CO TO SUBSCRIBE FOR ADDITIONAL SHARES IN BEIJING AVIATION GROUND SERVICES CO; RAISE STAKE FROM 28 PERCENT TO 29 PERCENT