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Sats must manage carefully its debt load as it looks to resume dividend payments

Tay Peck Gek
Published Wed, Nov 29, 2023 · 05:00 AM

INVESTORS hoping for Sats : S58 0% to resume its dividend-paying days may have a while to wait.

This is not because prospects are bleak for the in-flight caterer and ground handler.

The company had, on Nov 26, filed notice that it has recorded three consecutive years of losses, but it may not be far from turning the corner.

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