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Emperador Inc. ( (SG:EMI) ) just unveiled an update.
Emperador Inc. has announced a mutual agreement with Arran Investment Pte Ltd. to extend the Conversion Period for the issuance of Tranche 2 ELS Shares from February 12, 2025, to August 12, 2025. This extension provides additional time for the conversion of 475 million ELS shares, originally part of Arran’s investment agreement made in 2014 and marks a continued strategic partnership between the two entities, potentially impacting Emperador’s financial structure and stakeholder interests.
More about Emperador Inc.
Emperador Inc. is a company based in the Philippines, primarily engaged in the production and distribution of alcoholic beverages. It is known for its wide range of spirits and wines, catering to both local and international markets.
YTD Price Performance: 1.20%
Average Trading Volume: 261,808
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$5.89B
For detailed information about EMI stock, go to TipRanks’ Stock Analysis page.
