Emperador Inc. (SG:EMI) has released an update.
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Emperador Inc. has announced that the trading of its shares on the Singapore Exchange will incur a Stock Transaction Tax (STT) of 0.6%, payable by the seller and collected by the seller’s broker. BDO Securities Corporation has been appointed as the receiving agent for the tax, with several Singapore brokers onboarded to facilitate the process. This measure ensures compliance with Philippine tax regulations and smooths the trading process for investors in EMI shares.
For further insights into SG:EMI stock, check out TipRanks’ Stock Analysis page.
