SATS Ltd.

Official Twitter account of SATS Ltd., Asia's preeminent provider of food solutions and a global leader in gateway services. #FeedConnectCommunities

[SATS Ltd. @SatsGroup]

We welcome the management team and employees of WFS into the SATS family. As a combined company, we create an Americas-Europe-APAC network with a global footprint covering trade routes responsible for more than 50% of global air cargo volume.
Learn more: https://t.co/rMQ8SJoioz

[SATS Ltd. @SatsGroup]

The rebound in travel and a seasonal high quarter marked an increased momentum in business recovery for SATS Ltd. For 3Q FY23, we reported earnings of $0.5 million with revenue growing 54.5% year-on-year.

Read more: https://t.co/urhywVHLea

[SATS Ltd. @SatsGroup]

AISATS, our JV company in India with Air India Limited, has been selected by Yamuna International Airport Private Limited to design, build, finance and operate an integrated Multi-Modal Cargo Hub at the upcoming Noida International Airport.

Learn more: https://t.co/wPBrOBcVKx

[Noida International Airport @NIAirport]

Delighted to have partnered with Air India SATS to develop a multi-modal cargo hub at #NIAirport with integrated facilities and seamless processes to support the logistics industry in North India.

[SATS Ltd. @SatsGroup]

The Memorandum of Understanding (MOU) signed today with all five polytechnics in #Singapore signals our commitment to #BuildSingaporeCore - providing internships and opportunities to local talent for full-time employment.
Learn more: https://t.co/G4h4rTrjCS

[SATS Ltd. @SatsGroup]

Maintaining a leading position at our home base in #Singapore remains critical for our future. The proposed acquisition of WFS will make our Singapore core a global nerve centre for air cargo.

https://t.co/JnvP6vUnSj

[SATS Ltd. @SatsGroup]

We would like to thank our shareholders for their vote of confidence and approval for the proposed acquisition of Worldwide Flight Services (WFS), where 96.80% of the total shareholder votes were in favour of the resolution to approve the transaction.

[SATS Ltd. @SatsGroup]

Prior to our Extraordinary General in relation to the Proposed Acquisition of WFS, we provided written responses to the questions we received from shareholders.

https://t.co/0vC2w5xryD

[SATS Ltd. @SatsGroup]

Our proposed acquisition of WFS will be funded by a balanced mix of debt, equity and internal cash resources.

In terms of equity, up to approx. S$800 million will be raised through a Proposed Rights Issue to SATS Ltd. shareholders. Learn more below.

https://t.co/JnvP6vUnSj

[SATS Ltd. @SatsGroup]

Why is Worldwide Flight Services (WFS) the right company for SATS to acquire now?
Learn more below or at https://t.co/JnvP6vUnSj

[SATS Ltd. @SatsGroup]

On 28 September 2022, SATS announced a proposed acquisition of Worldwide Flight Services (WFS), the world’s leading air cargo handling firm, to create a global leader in the aviation services sector.

Learn more: https://t.co/sbaFATQA7L

[SATS Ltd. @SatsGroup]

SATS, through its subsidiary Country Foods, has teamed up with Hilton Foods to leverage Country Foods’ local market expertise and wide distribution network, and Hilton Foods’ known expertise in sustainable protein processing and production. Learn more: https://t.co/bfQRk9RoaX

[SATS Ltd. @SatsGroup]

SATS took home the coveted “Global Ground Handler of the Year” as well as the “Ground Handler of the Year – Asia Pacific” awards at the 9th Payload Asia Awards.

Read more: https://t.co/gRRoKhWqfq

#FeedConnectCommunities

[SATS Ltd. @SatsGroup]

Our SATS Inflight Catering Centre 1 is back in operation, with a 20% boost in production capacity. Through automation and more efficient space utilisation, we are catering for demand growth through the coming decade.

Learn more: https://t.co/I2uYUWGpva

#FeedConnectCommunities

[SATS Ltd. @SatsGroup]

@straits_times wrote that @SatsGroup's proposed acquisition of @wfsgroup presents a rare opportunity to extend its market reach beyond Asia Pacific.

[ST Business Desk @stbusinessdesk]

With mega deal, Sats on path to becoming global supply chain leader https://t.co/FnSo4aJZ82

[SATS Ltd. @SatsGroup]

Kerry Mok, PCEO shared with CNA that the proposed acquisition of Worldwide Flight Services will put @SatsGroup on a global platform. Visit https://t.co/sbaFATQA7L to find out more.

https://t.co/ivmZWkehu7

#FeedConnectCommunities

[SATS Ltd. @SatsGroup]

@SatsGroup today announced a proposed acquisition of Worldwide Flight Services to become the largest global air cargo handler. Visit https://t.co/sbaFATQA7L to find out more.

#FeedConnectCommunities

[SATS Ltd. @SatsGroup]

@SatsGroup received two awards – Gold for Best Investor Relations and Silver for Best Managed Board – at the Singapore Corporate Awards 2022 for SGX-listed companies with a market capitalisation of S$1 billion and above. Read more in SATS media release: https://t.co/SMcLOuUxnq

[SATS Ltd. @SatsGroup]

@SatsGroup’s brand accelerator, Foodflix, has collaborated with time-honoured brands, Qiu Lian Ban Mee and Chew Kee Soy Sauce Chicken, to launch familiar hawker delights as ready-to-eat-meals at 7-Eleven under The Travelling Spoon label. Learn more at https://t.co/NPHrS4kyRz

[SATS Ltd. @SatsGroup]

@SatsGroup has announced its FY21-22 Second Half and Full Year results. Full year revenue grew 21.3% as travel volume improves steadily. Read the financials and presentation slides here. https://t.co/HGiLyDdDeo

[Nikkei Asia @NikkeiAsia]

IN-FLIGHT MEALS | BUILDING RESILIENCE

Singapore's in-flight catering giant SATS is diversifying to rely less on its "older brother," Singapore Airlines.
https://t.co/FS3MlszSBM