SATS shot themselves in the foot with an ill-prepared M&A announcement and a vague statement about rights issue back in Sep and caused their own share price to tumble more than 30% almost immediately. $DBS GROUP HOLDINGS LTD(D05.SI)$ on the other hand is looking very good. They remain as the market leaders among the 3 SG local banks and their business growth and consolidation look to be better and better in a high interest environment.
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