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Emperador Inc. ( (SG:EMI) ) has provided an update.
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 on behalf of the sellers and remitted to the Philippines Bureau of Internal Revenue (BIR). BDO Securities Corporation has been appointed as the receiving and remitting agent for this process. Several Singapore brokers have been onboarded to facilitate this tax collection and remittance. This change is expected to streamline the tax process for stakeholders and enhance trading efficiency.
The most recent analyst rating on (SG:EMI) stock is a Sell with a S$0.23 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: 4,433
Technical Sentiment Signal: Hold
Current Market Cap: S$5.66B
For an in-depth examination of EMI stock, go to TipRanks’ Overview page.