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SATS
New appointments
Former SATS CEO Alex Hungate starts at Grab as COO
Based in Singapore, Hungate will oversee Grab’s mobility, deliveries and financial services businesses, among others.
January 04, 2022
Aviation & Engineering
Helping customers create value for their customers: Sats' new CEO
For Sats, its incoming CEO Kerry Mok believes in not just helping his immediate customer, but also help them help their customer.
November 18, 2021
Broker's Calls
SATS' ROE expected to return to 13%-15% by FY2025: CGS-CIMB
CGS-CIMB analysts lower TP for SATS to $4.32 while maintaining "hold" rating
November 15, 2021
Aviation & Engineering
SATS begins work on central kitchen in India; expected to be operational in 2023
The company’s first central kitchen in India will cost $37 million.
November 12, 2021
Results
SATS records earnings of $6.8 mil for 2Q, non-travel revenue contribution nearly half
The bottomline would be $30.1 mil in the red if not for government subsidies
November 12, 2021
Aviation & Engineering
SATS's food solutions venture to drive growth in non-travel food business with Singapore F&B brands
In a Nov 10 filing, SATS says it has committed over $3 million with support from EDB to create and pivot new business ventures.
November 10, 2021
New appointments
SATS appoints current Food Solutions CEO Kerry Mok as next president and CEO
Mok will succeed Hungate to the roles with effect from Dec 15.
October 22, 2021
Broker's Calls
CGS-CIMB downgrades aviation sector, SIA Engineering gets sole 'add'
“It stands to benefit from higher volumes of maintenance work when airlines increase their flying hours rapidly."
October 18, 2021
Broker's Calls
Broker's Digest: CapitaLand Investment, SATS, Singtel, Raffles Medical Group, MNACT
See what the analysts have to say about these counters.
October 15, 2021
Broker's Calls
Citi keeps 'buy' on SATS as Singapore expands vaccinated travel lanes to 9 more countries
The brokerage has pegged SATS's TP to be at $4.70.
October 11, 2021