COMPLETION OF ACQUISITION OF 85% OF THE SHARES

IN THE CAPITAL OF FOOD CITY COMPANY LIMITED

SATS Ltd. (the "Company") refers to its announcement dated 8 June 2021 in relation to the acquisition of 85% of the shares in the capital of Food City Company Limited ("Food City"). Unless otherwise defined herein, all words and expressions used in this announcement shall bear the meanings ascribed to them in the Company's announcement dated 8 June 2021.

The Company is pleased to announce that the Acquisition has been completed. Accordingly, Food City is now a subsidiary of the Company through its subsidiaries, SATS Thailand and SIPL.

Issued by SATS Ltd. on 9 July 2021

SATS Ltd. 新翔集团有限公司

P.O. Box 3 Singapore Changi Airport Singapore 918141 邮政信箱3 号 新加坡樟宜国际机场 新加坡918141

sats.com.sg

Co. Reg. No. 197201770G

Attachments

  • Original document
  • Permalink

Disclaimer

SATS Ltd. published this content on 09 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 July 2021 10:25:04 UTC.