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SATS SIGNED NEW AGREEMENTS FOR ITS BEIJING JVS

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_79BCD26C921EC230482579A600341DE0/$file/BGS_BAIK_MediaRelease_15Feb12.pdf?openelement

 

 

ACQUISITION OF THE REMAINING 30% INTEREST IN A SUBSIDIARY

The Board of Directors of SATS Ltd. (the “Company”) wishes to announce that the Company has acquired 540,000 ordinary shares, representing a 30% shareholding interest in the capital of Aerolog Express Pte Ltd (“AEPL”) for a consideration of S$80,227 from YCH Group Pte Ltd. The acquisition was completed today.

The consideration was arrived at on a willing buyer willing seller basis, based on the audited net asset value of AEPL as at 31st March 2011. The audited net asset value of AEPL as at 31st March 2011 amounted to S$267,425. Following the acquisition, AEPL will be a wholly-owned subsidiary of the Company.

The above transaction is not expected to have any material impact on the Company’s net tangible assets and consolidated earnings per share for the current financial year ending 31 March 2012.

None of the Directors or controlling shareholders of the Company has any interest, direct or indirect, in the above transaction, other than through their respective interests (if any) in the Company.

 

DBS Research on SATS

http://sg-shares.blogspot.com/2012/02/sats_09.html 

 

 

  Phillip Securities Research 8 Feb 2012

http://sg-shares.blogspot.com/2012/02/sats_4143.html 

 

OCBC on 8 Feb

http://sg-shares.blogspot.com/2012/02/sats_08.html 

 

Kim Eng on SATS

http://sg-shares.blogspot.com/2012/02/sats.html 

 

SATS AVIATION OPERATING DATA FOR 3Q AND 9M FY2011-12

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_B4788BBE91BD9A434825798700347796/$file/SATS_OperatingData_3QFY12.pdf?openelement

 

 

SATS Ltd. wishes to announce that it will be releasing its financial results for the third quarter and nine months ended 31 December 2011 on Tuesday, 7 February 2012 after market trading hours.