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The latest announcement is out from Emperador Inc. ( (SG:EMI) ).
Emperador Inc. has announced a reduction in the stock transaction tax (STT) for its shares traded on the Singapore Exchange Securities Trading Limited (SGX-ST) from 0.6% to 0.1%. This tax is collected by Singapore brokers and remitted to the Philippines Bureau of Internal Revenue (BIR) through BDO Securities Corporation, which acts as the receiving and remitting agent. Several Singapore brokers have been onboarded with BDO to facilitate this process, ensuring compliance with the applicable regulations. This change is part of the company’s efforts to streamline tax collection and improve trading efficiency for its shares.
The most recent analyst rating on (SG:EMI) stock is a Sell with a S$0.30 price target. To see the full list of analyst forecasts on Emperador Inc. stock, see the SG:EMI Stock Forecast page.
More about Emperador Inc.
Average Trading Volume: 3,367
Technical Sentiment Signal: Hold
Current Market Cap: S$5.51B
For a thorough assessment of EMI stock, go to TipRanks’ Stock Analysis page.