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The latest update is out from Emperador Inc. ( (SG:EMI) ).
Emperador Inc. has announced the implementation of a Stock Transaction Tax (STT) on the sale of its shares traded on the Singapore Exchange Securities Trading Limited (SGX-ST). The STT, set at 0.6% of the gross selling price, is to be collected by Singapore brokers and remitted to the Philippines Bureau of Internal Revenue (BIR), either through BDO Securities Corporation, appointed as the Receiving Agent, or via other avenues. This announcement impacts the trading operations of Emperador Inc.’s shares on the SGX-ST, requiring Singapore brokers to ensure compliance with tax remittance procedures. The list of brokers onboarded with BDO includes major firms such as Citigroup Global Markets and JP Morgan Securities, among others.
More about Emperador Inc.
YTD Price Performance: -27.71%
Average Trading Volume: 1,570
Technical Sentiment Signal: Buy
Current Market Cap: S$4.57B
For detailed information about EMI stock, go to TipRanks’ Stock Analysis page.