Chart wise, she is trading at a
She has retreated from 2.81 to close at 2.58 looks like a gd pivot entry point!
Nibbled a bit at 2.58. Locked in kopi money at 2.76.
This is a recovery play counter just like SIA, ComfortDelGro, SBS ,Genting Sing etc.
Not a call to buy or sell!
Please dyodd.
At SATS, we believe that people should have the choice to eat better, improving their health and well-being with tasty, authentic meals made from responsibly sourced ingredients.
As a leading food solutions provider in Asia, we combine technology with the passion, creativity, and talent of our people to develop quality food products and services for a wide range of customers across a multitude of industries.
Our list of services includes aviation, commercial and institutional catering, food production and distribution capabilities, as well as a growing network of central kitchens for food service chains and institutions.
Aviation Catering
Each year, SATS works with our chefs and culinary teams to cater deliciousand nourishing meals for millions of passengers travelling around the world.
Passionate about enabling people to eat well no matter where they are, we make sure that every meal is tasty and nutritious, made with fresh and responsibly sourced ingredients.
By offering aviation services such as airport lounge management, private jet catering and travel retail, we help to create positive airport and inflight experiences for passengers as they make their way around the world.
Gateway Services
We specialise in providing our customers with peace of mind.
As the region’s leading gateway services provider, SATS takes pride in our ability to handle the seamless flow of passengers, flights and cargo, at one of the busiest airports in the world.
Applying decades of experience and state-of-the-art technology against the most rigorous performance, safety and service standards, we offer a comprehensive suite of ground handling services that enable people, aircraft and goods to travel securely between Singapore and the rest of the world.
Singapore, Paris, 3 April 2023 – SATS Ltd. (“SATS”) today announced it has completed its acquisition of global air cargo logistics provider Worldwide Flight Services (“WFS”) for €1.3 billion (equivalent to approximately S$1.8 billion) from an affiliate of Cerberus Capital Management (“Cerberus”), representing an enterprise value of €2,250 million as previously announced. The acquisition received an overwhelming support of 96.8% approval from SATS’ voting shareholders in January this year and obtained regulatory approvals in all relevant jurisdictions in February. With effect from completion, WFS becomes a fully owned subsidiary of SATS, which is headquartered in Singapore. WFS will continue to be headquartered in Paris and operate as Worldwide Flight Services. Craig Smyth, CEO of WFS, will continue to run the company and report to Kerry Mok, President & Chief Executive Officer of SATS, and an advisory board.
No comments:
Post a Comment