Cross border consolidation despite pandemic woes

SATS seems to have a good grip in the region buying over ready meal food production facilities.

As Singapore eases itself out of a second wave of circuit breaker measures due to rising Covid cases, local companies march on with consolidation ambitions across the border.

SATS Thailand, an indirect subsidiary of in-flight caterer SATS, has acquired an 85% stake in Food City, a food-manufactu...

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