SATS

SATS – Singapore Airport Terminal Services – is a provider of Airport Services and Food Solutions.
See below for the Latest SATS News, Analysis, Profit Results, Share Price Information, and Commentary.

SATS signs MOU with polytechnics to boost talent pool

They will also establish a framework for knowledge exchange.

Competition commission clears SATS’ proposed Promontoria acquisition

The proposed transaction does not infringe section 54 of the Competition Act 2004.

SATS shareholders greenlight acquisition of Worldwide Flight Services 

Of the total votes, 96.80% were in favour of the transaction.

SATS revenue could double to $5.5b after acquiring air cargo handlers

The Worldwide Flight Services revenue reached $776m (€516m).

How SATS plans to fund its proposed $1.8b WFS acquisition

It will be funded through a term loan, underwritten rights issues, and an internal cash balance.

Which sector was outperforming in Q3 22?

The tech sector was a clear outperformer in the third quarter of 2022.