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  • By The Financial District

Emperador On Schedule For Singapore Listing

Emperador, the world's leading manufacturer, bottler, and distributor of brandy, Scotch whisky, and other alcoholic beverages, has announced that it expects the conditions outlined in the SGXST's eligibility-to-list letter (ETL) to be met, and that its shares will be listed and begin trading on the Singapore Exchange Securities Trading Limited (SGX-ST) on July 14, 2022 (Singapore Time) under the stock code "EMI."


Photo Insert: Upon listing on the SGX-ST, Emperador will continue to maintain its primary listing on the PSE and the stock is anticipated to trade on both exchanges concurrently, making it the first PSE-primary listed company to conduct a secondary listing on the SGX-ST.



Last April, the Company reported that it had received the ETL from the SGX-ST in relation to its planned secondary listing of its Shares via introduction on the SGX-Main ST's Board.


The outstanding ETL criteria include, among other things, the release of an SGXNET notice disclosing the Company's most recent share price on the Philippine Stock Exchange (PSE) and the Singapore dollar equivalent prior to the Company's listing on SGX-ST.



Mr. Winston Co, Group President and CEO of Emperador Inc. said, “The Secondary Listing of Emperador on the SGX is a key milestone in the development of our business as a leading international brandy and whisky company, reflecting our global reach and the strength of our world-class portfolio of brands.”


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Upon listing on the SGX-ST, the Company will continue to maintain its primary listing on the PSE and the stock is anticipated to trade on both exchanges concurrently, making it the first PSE-primary listed company to conduct a secondary listing on the SGX-ST.


“This will expand opportunities for participation by investors in Singapore and beyond as we continue to invest in our ambitious international expansion,” Co added.


J.P. Morgan (S.E.A.) Limited and UBS AG, Singapore Branch are acting as joint managers for the Proposed Secondary Listing.



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