Shares & Derivatives
5 things I learned from the 2022 SATS AGM
By The Fifth Person  •  September 6, 2022
SATS Ltd is an investment holding company listed on the SGX under the ticker code S58. The company was founded in 1972 and is headquartered in Singapore. SATS provides gateway and food services in Asia. Its subsidiaries include SATS Airport Services, SATS Catering, SATS Security Services, Aero Laundry & Linen Services, Aerolog Express, Country Foods, and Singapore Food Industries. SATS is the main ground handling and in-flight catering service provider at Singapore Changi Airport. It controls about 80% of Changi Airport’s ground handling and catering business. The business is primarily segmented into the following three areas.
  • SATS food services: Comprises airline catering, food distribution and logistics, industrial catering, and linen and laundry services.
  • Gateway services: Its gateway services span airfreight, baggage and ramp handling, passenger services, aviation security, cargo, warehousing, perishables handling to cruise handling and terminal management.
  • Others: This segment comprises rental of premises and other services.
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By The Fifth Person
The Fifth Person believes in spreading a message that financial literacy and sound investment knowledge can help people around the world achieve financial independence and lead better lives for themselves and their loved ones.
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