, Singapore
172 views
SATS Ltd.

SATS marks 3rd consecutive year of losses

As a result, the SGX will likely place the company under its watchlist.

SATS marked its third consecutive year of pre-tax losses, which will result in its placement under the SGX watchlist.

The Listing Manual also states that SGX will place an issue on a watch list if its average daily market capitalisation is less than $40m over the last six months.

The latest six-month average daily capitalisation of SATS was $3.882m. 

The company said it would make an immediate announcement should SGX notify them of being placed on the watchlist.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!