Emperador Inc. (SG:EMI) has released an update.
Emperador Inc. (EMI) shares traded on the Singapore Exchange are subject to a 0.6% stock transaction tax, collected by Singapore brokers and remitted to the Philippines Bureau of Internal Revenue, either directly or through BDO Securities as the receiving agent. A list of Singapore brokers has been provided, detailing those who have onboarded with BDO for STT remittance. If a broker ceases using BDO’s services, they must find an alternative STT payment method to enable continued trading of EMI shares on the SGX-ST.
For further insights into SG:EMI stock, check out TipRanks’ Stock Analysis page.