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SATS Ltd (SATS.SI)

SATS.SI on Stock Exchange of Singapore

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16 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Singapore Airlines Updates On Proposed JV With DFASS & SATS Asia-Pacific Star
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Singapore Airlines Ltd ::REFERS TO PROPOSED JOINT VENTURE WITH SATS LTD.PROPOSED JV WILL BE CARRIED OUT THROUGH SIA'S SUBSIDIARY, SINGAPORE AIRPORT DUTY-FREE EMPORIUM.PROPOSED JV WILL NO LONGER BE CARRIED OUT THROUGH DFASS SATS PTE. LTD..SIA WILL HOLD 70% OF ISSUED SHARE CAPITAL OF SADE, WHILST EACH OF DFASS AND SATS WILL HOLD 15%.PROPOSED JV TO ENGAGE IN A TRAVEL RETAIL BUSINESS IN SINGAPORE.PROPOSED JV IS NOT EXPECTED TO HAVE ANY MATERIAL IMPACT ON FINANCIAL PERFORMANCE OF COMPANY FOR CURRENT FINANCIAL YEAR.SINGAPORE AIRPORT DUTY-FREE EMPORIUM TO BUY ASSETS & BUSINESS UNDERTAKINGS OF DSPL TO OPERATE PROPOSED JV.  Full Article

Sats Posts QTRLY Profit Attributable S$63.9 MLN
Thursday, 19 Jul 2018 

July 19 (Reuters) - SATS Ltd ::QTRLY REVENUE S$439.4 MILLION VERSUS S$426.5 MILLION.QTRLY PROFIT ATTRIBUTABLE S$63.9 MILLION VERSUS S$57.3 MILLION.  Full Article

Wilmar International Announces Joint Venture Agreement With Sats Food Services Pte
Friday, 13 Jul 2018 

July 13 (Reuters) - Wilmar International Ltd ::ANNOUNCES JOINT VENTURE AGREEMENT WITH SATS FOOD SERVICES PTE. LTD..UNIT ENTERS INTO CONDITIONAL JV AGREEMENT WITH SATS FOOD SERVICES PTE. TO BUILD A CENTRAL KITCHEN IN LANGFANG, HEBEI, CHINA.CONSIDERATION FOR UNIT'S TOTAL SUBSCRIPTION IN JV RMB 48 MILLION.  Full Article

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