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BRIEF-Sats Says Entered JV Agreements With 2 New Companies To Be Incorporated In Beijing, China

Reuters SG

Jan 24 (Reuters) - SATS Ltd:

* SATS - ENTERED AGREEMENT WITH CAPITAL AIRPORTS HOLDING AND JUNEYAO AIRLINES TO INCORPORATE A CO IN BEIJING, CHINA TO PROVIDE INFLIGHT CATERING

* ENTERED AGREEMENT WITH CAPITAL AIRPORTS HOLDING TO INCORPORATE DAXING GROUND HANDLING IN BEIJING, CHINA TO PROVIDE GROUND & CARGO HANDLING

* CONSIDERATION FOR CO'S SUBSCRIPTION RMB106.3 MILLION FOR DAXING GROUND HANDLING JVCO

* CONSIDERATION FOR CO'S SUBSCRIPTION RMB30 MILLION FOR DAXING CATERING JVCO Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)