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SATS calls for trading halt, first in over 13 years

Lim Hui Jie
Lim Hui Jie9/21/2022 03:47 PM GMT+08  • 1 min read
SATS calls for trading halt, first in over 13 years
This is SATS first trading halt in 13 years. Photo Credit: Albert Chua/The Edge Singapore
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Airport ground handler and catering service provider SATS has requested for a trading halt as of 3.11pm.

According to SGX filings, this is the company’s first trading halt in 13 years, having requested the last one on Jan 19, 2009, after which it announced the acquisition of a 69.61% stake in Singapore Food Industries.

The Edge Singapore has contacted SATS for comment.

Shares of SATS were trading at $4.09 before the trading halt, up 0.74% or three cents higher compared to its previous close.

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