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Emperador Inc. ( (SG:EMI) ) has issued an update.
Emperador Inc. has clarified the collection of Philippine stock transaction tax on the sale of its shares traded on the Singapore Exchange, noting that the STT rate on such trades will be 0.1% of the gross selling price from July 2025, down from 0.6%. The tax is a final levy payable by sellers and will be withheld by their Singapore brokers at settlement.
The company has appointed BDO Securities as the receiving and remitting agent to channel STT payments from Singapore brokers to the Philippine Bureau of Internal Revenue, and 17 Singapore brokers have already been onboarded under this arrangement. Emperador emphasized that if any broker or BDO terminates this setup, brokers must establish alternative mechanisms to ensure compliant STT collection and remittance, safeguarding continued trading access to the stock on SGX for investors.
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.
Emperador Inc. is a Philippines-based spirits company best known for its brandy and whisky portfolio, and it has a secondary listing on the Singapore Exchange. The company targets both domestic and international markets, using its SGX listing to broaden its investor base and improve liquidity for its shares outside its home market.
Average Trading Volume: 43,533
Technical Sentiment Signal: Sell
Current Market Cap: S$5.33B
For detailed information about EMI stock, go to TipRanks’ Stock Analysis page.