*Official* MasterLeong Thread

Status
Not open for further replies.

MasterLeong

Banned
Joined
Nov 27, 2016
Messages
5,754
Reaction score
0
SATS raises stake in Evergreen Sky Catering by 10% for $32.3 mil
By PC Lee / theedgemarkets.com.sg | December 27, 2016 : 6:29 PM MYT
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
Select Language*▼
SINGAPORE (Dec 27): SATS, the provider of gateway and food solutions, is acquiring another 10% stake in Evergreen Sky Catering Corporation (ESCC) for $32.3 million.

(See SATS is world’s first IATA-certified ramp services trainer; introduces IoT into technical ramp operations)

(See also: Deutsche Bank's 5 ‘must buy’ stocks for 2017)

SATS currently owns 16.5 million shares in ESCC, representing 15% of its total issued shares. Upon the completion of the proposed acquisition of the shares from Malaysia Airlines Bhd, the company would own 27.5 million shares in ESCC, representing 25% of the total issued shares in ESCC.

ESCC would also become an associated company of SATS.

SATS says the proposed acquisition is in line with the company’s strategy of growing the scale of its food business and enhancing its connectivity to better serve its customers across key airports in Asia.

The acquisition is not expected to have any material impact on the company’s net tangible assets per share and consolidated earnings per share for the current financial year.

Shares of SATS closed 2 cents higher at $4.85 on Tuesday.
 

Genosis

Arch-Supremacy Member
Joined
Nov 23, 2015
Messages
10,104
Reaction score
6
Wah say until like that, means I am also just only bonking around in the children pool? :(

You can swim in the adult pool, but remember to use a float......:s13:

2D274905922676-smiling-baby.today-inline-large.jpg
 

Genosis

Arch-Supremacy Member
Joined
Nov 23, 2015
Messages
10,104
Reaction score
6
Taiwan tourism boom! :s12:

25513066411_58e1aa238d_o.jpg


SATS raises stake in Evergreen Sky Catering by 10% for $32.3 mil
By PC Lee / theedgemarkets.com.sg | December 27, 2016 : 6:29 PM MYT
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
Select Language*▼
SINGAPORE (Dec 27): SATS, the provider of gateway and food solutions, is acquiring another 10% stake in Evergreen Sky Catering Corporation (ESCC) for $32.3 million.

(See SATS is world’s first IATA-certified ramp services trainer; introduces IoT into technical ramp operations)

(See also: Deutsche Bank's 5 ‘must buy’ stocks for 2017)

SATS currently owns 16.5 million shares in ESCC, representing 15% of its total issued shares. Upon the completion of the proposed acquisition of the shares from Malaysia Airlines Bhd, the company would own 27.5 million shares in ESCC, representing 25% of the total issued shares in ESCC.

ESCC would also become an associated company of SATS.

SATS says the proposed acquisition is in line with the company’s strategy of growing the scale of its food business and enhancing its connectivity to better serve its customers across key airports in Asia.

The acquisition is not expected to have any material impact on the company’s net tangible assets per share and consolidated earnings per share for the current financial year.

Shares of SATS closed 2 cents higher at $4.85 on Tuesday.
 

Genosis

Arch-Supremacy Member
Joined
Nov 23, 2015
Messages
10,104
Reaction score
6

MasterLeong

Banned
Joined
Nov 27, 2016
Messages
5,754
Reaction score
0
straits time free articles per month cut down from 30 to become 15... SPH desperate to earn our money?
 

Genosis

Arch-Supremacy Member
Joined
Nov 23, 2015
Messages
10,104
Reaction score
6

MasterLeong

Banned
Joined
Nov 27, 2016
Messages
5,754
Reaction score
0
“I try to find ways to make the Google Assistant better at understanding natural language so a person can express themselves as though they’re having a conversation, and still get good answers to their questions,” said Mr Lim, whose office is at MapleTree Business City II in Pasir Panjang.

Hehehe......:o

u very sharp sia

i didnt notice this hahahaha
 

Genosis

Arch-Supremacy Member
Joined
Nov 23, 2015
Messages
10,104
Reaction score
6
u very sharp sia

i didnt notice this hahahaha

Becoming second nature to me liao.....hahaha!!!:s13:

Nowadays I tend to see things in terms of 'Can I get any Power of CD from this good business?' perspective.....:o:D

Even when I watch Dr Strange movie, I saw a top surgeon can earn a lot.....so it boost my confidence in hospitals!

 
Last edited:

wiz

Senior Member
Joined
Dec 14, 2000
Messages
2,058
Reaction score
0
Everyone is doing some form of AIML these days and the tech with RPM in 2 years will be able to replace specific BPO type of work, mainstream
 

Genosis

Arch-Supremacy Member
Joined
Nov 23, 2015
Messages
10,104
Reaction score
6
Injection of MBC2 will mean PO and/or private placement, maybe next yr or two?

Should be within a few years :D 1-2 years might be too soon. MBC Phase 1 was oredi completed way back in 2010 but only injected into MCT this year :s22: I think they will wait for at least one lease renewal cycle

Depends on market conditions too.....difficult to do rights issue when price is depressed

Furthermore, must stabilise the occupancy rate too...
 
Status
Not open for further replies.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top