EMPERADOR, Inc. is set to list and start trading on the main board of the Singapore Exchange Securities Trading Ltd. (SGX-ST) on July 14, the alcoholic beverage maker said on Monday.
“This will expand opportunities for participation by investors in Singapore and beyond as we continue to invest in our ambitious international expansion,” Emperador President and Chief Executive Officer Winston S. Co said in a media release.
JPMorgan Ltd. and UBS AG, Singapore branch are the joint managers for the proposed secondary listing. The STT is a final tax due on and payable by the seller of the shares, and is required to be collected by and paid to the Philippine tax authorities by the selling stockbroker on behalf of the seller, it added.
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