Welcome!
SATS
Company in the news
Sats to dispose of 49% of shares in Sats Saudi Arabia Company for SAR147 mil
The disposal Is expected to be a “strategic move” for Sats to capitalise on market opportunities in Saudi Arabia and the current favourable market conditions.
3 days ago
Aviation & Engineering
SIA and Sats on two different trajectories following the post-pandemic boom
As SIA grapples with lower yields amid tougher competition, the story looks different for ground handler Sats, which has returned to profitability in the 1HFY2025.
14 days ago
Results
Sats returns to black with 1HFY2025 profit of $134.7 million, declares dividend of 1.5 cents
With Sats returning back to profitability, the group has declared an interim dividend of 1.5 cents per share, to be payable on Dec 6.
21 days ago
Aviation & Engineering
Sats group unveils branding refresh
The new visual identity features a double loop and a ‘to the power of’ mathematical symbol to signify the coming together of Sats and WFS.
23 days ago
Insider moves
Temasek sells 1,332,100 shares in Sats for $5.32 mil
Following the sale, Fullerton’s stake stood at 0.275% while Temasek's total stake in Sats came up to 39.96%.
27 days ago
Broker's Calls
Citi ‘increasingly confident’ of Sats’ earnings recovery; maintains ‘buy’ at raised TP of $4.25
The group’s shares opened on Oct 25 to surge at a one-year high of $4.06 at 9:33 am.
October 25, 2024
Aviation & Engineering
S.F Express launches facility with SATS in Singapore
The development is expected to facilitate the enhancement of S. F. Express Singapore’s expansion across Southeast Asia and globally.
October 17, 2024
Aviation & Engineering
Sats signs MOU with Sinotrans Air Freight for ground and cargo handling
Sats and Chinese air logistics player, Sinoair have signed a MOU to explore strategic partnerships across different markets.
September 20, 2024
Aviation & Engineering
Sky’s the limit as Sats goes global
The airport services company has turned the corner following the pandemic and a mammoth acquisition.
September 05, 2024
Broker's Calls
PhillipCapital upgrades Sats to ‘buy’ at raised TP of $4.37 on successful contract repricing
For the FY2024, 17.3% or $892.9 million of Sats’ total revenue came from SIA.
September 05, 2024