Brief: Sats Ltd Executes Sale & Purchase Deal In Relation To Shares In Asia Airfreight Terminal

Sats

23/02/2022 10:36

Feb 23 (Reuters) - SATS Ltd  SATS.SI :
    * EXECUTION OF A SALE & PURCHASE AGREEMENT IN RELATION TO
SHARES
IN ASIA AIRFREIGHT TERMINAL CO. LTD
    * SHALL ACQUIRE AN ADDITIONAL 59 MILLION SHARES IN AAT FOR A
TOTAL
CONSIDERATION OF HK$ 339.5 MILLION
    * PURCHASE CONSIDERATION WILL BE FUNDED BY COMPANY THROUGH
INTERNAL RESOURCES AND PAID IN CASH

Source text for Eikon:  ID:nSNbvFzgk 
Further company coverage:  SATS.SI 

 ((Reuters.Briefs@thomsonreuters.com;))