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SATS Announces Board Renewal as Long-Serving Independent Director to Step Down

Story Highlights
  • SATS Independent Director Jessica Tan will leave the board at end-2025, stepping down from key committee roles.
  • Her departure is part of SATS’ board renewal to meet SGX governance guidelines, with a refreshed board effective 1 January 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SATS Announces Board Renewal as Long-Serving Independent Director to Step Down

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The latest update is out from SATS ( (SG:S58) ).

SATS Ltd has announced that Independent Director Jessica Tan Soon Neo will step down from the Board at the close of business on 31 December 2025, relinquishing her roles as Chairperson of the Nominating Committee and member of the Audit Committee after nearly nine years of service. Her departure forms part of the Board’s ongoing renewal process to comply with Singapore Exchange listing rules on regular board refreshment and to preserve board effectiveness and independence, with the company expressing strong appreciation for her contribution and confirming that, from 1 January 2026, the Board will be led by Independent Chairman Irving Tan alongside President and CEO Kerry Mok and a majority of independent non-executive directors.

The most recent analyst rating on (SG:S58) stock is a Hold with a S$3.84 price target. To see the full list of analyst forecasts on SATS stock, see the SG:S58 Stock Forecast page.

More about SATS

SATS Ltd is a Singapore-based company operating in aviation-related services, including inflight catering and other airport ground and support services, with its facilities located at Singapore Changi Airport and serving airlines and related customers in the aviation sector.

Average Trading Volume: 3,845,238

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$5.62B

For detailed information about S58 stock, go to TipRanks’ Stock Analysis page.

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