Cargo Transportation and Infrastructure Services

SATS R

SingtelMBeCW260730

Geely MB ePW261005

Abundance

Autagco

Asian Micro

HSI 28000MBePW260629

Teho

Alibaba MB eCW260703

Acesian Partners

NKY 55000MBePW260911

V7QR

V7YR

SATS, a ground-handling company, has apologized for an incident where an employee was filmed tossing luggage onto a baggage belt at Changi Airport. The video, posted on April 26, showed the crew member's actions, which SATS stated do not reflect their service standards. They have counseled the employee and emphasized the importance of proper baggage handling. The incident involved bags from a canceled flight on April 23, and SATS has reminded staff to seek assistance when needed to maintain service quality.

Yahoo Finance

SATS R1

SATS

SATS apologises for service crew seen tossing bags onto Changi Airport belt

SATS is the top stock with a 4.49% increase.The Straits Times Index (STI) closed at 4,996.050, up 0.77% on Wednesday, 8 April, at 5:21 p.m.SATS was the most active stock, followed by Hongkong Land (+4.16%) and City Developments Ltd (+4.12%).DFI Retail and Seatrium Limited were at the foot.

Singapore Business Review

FTSE Straits Times Index

Daily Markets Briefing: STI up 0.77%; Top stock is SATS

Maybank has maintained a Buy rating on SATS (SPASF) with a price target of S$4.52, while the shares closed at S$3.61. The analyst consensus is a Strong Buy with an average price target of S$4.55, indicating a potential upside of 25.98%. Additionally, TipRanks upgraded the stock to a Buy with a price target of S$4.00.

Tip Ranks

Maybank Keeps Their Buy Rating on SATS (SPASF)

SATS Delays Employee Share Investment Program After Cyber Incident

SATS Delays Employee Share Investment Program After Cyber Incident

SATS Probes Expanded Cyber Incident After New Signs of Unauthorised Access

SATS Probes Expanded Cyber Incident After New Signs of Unauthorised Access

Sats, a cargo handler, announced that its Middle East operations have not faced any material interruptions amid the ongoing Iran war. The company, which operates in Saudi Arabia and Oman, continues to follow safety protocols. Despite regional airspace closures affecting airlines, Sats reported a 12% increase in cargo volume at its Saudi stations. The firm is prepared to manage supply chain disruptions and is in close contact with airline customers to adapt operations as needed. Phillip Securities upgraded Sats to 'buy', citing no expected material impact from the conflict.

Businesstimes News

Sats says no ‘material interruption’ to Middle East cargo operations amid Iran war

SATS R(V7YR.SG)

SATS apologises for service crew seen tossing bags onto Changi Airport belt

Daily Markets Briefing: STI up 0.77%; Top stock is SATS

Maybank Keeps Their Buy Rating on SATS (SPASF)

SATS Delays Employee Share Investment Program After Cyber Incident

SATS Probes Expanded Cyber Incident After New Signs of Unauthorised Access

Sats says no ‘material interruption’ to Middle East cargo operations amid Iran war