SATS subsidiary wins catering contract for YOG
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1056382/1/.html
SINGAPORE: A unit of Singapore Airport Terminal Services or SATS has clinched a S$5.5 million catering services contract to provide meals at the inaugural Singapore 2010 Youth Olympic Games.
The contract to Singapore Food Industries (SFI) includes the proposal for a meal ordering system and management of all meal requirements at the Youth Olympic Village or YOV and the games venues.
It also covers the provision of meals for up to 7,000 young athletes, games officials and volunteers at the YOV.
SATS President and CEO, Clement Woon said the contract win demonstrates that the company is well-positioned to access growth opportunities in the hospitality and tourism sectors at home.
The new contract is not expected to have any material impact on SATS' earnings for the current financial year. - CNA/vm