The latest announcement is out from Emperador Inc. ( (SG:EMI) ).
Emperador Inc. has announced the implementation of a 0.6% Stock Transaction Tax (STT) on the sale of its shares traded on the Singapore Exchange Securities Trading Limited (SGX-ST), which will be collected by Singapore brokers and remitted to the Philippines Bureau of Internal Revenue (BIR). BDO Securities Corporation has been appointed as the Receiving Agent for this process, and several Singapore brokers have been onboarded to facilitate the tax collection and remittance. This development ensures compliance with Philippine tax regulations and impacts the trading operations of EMI shares on the SGX-ST, with implications for shareholders and brokers in terms of tax collection and remittance procedures.
More about Emperador Inc.
YTD Price Performance: -30.12%
Average Trading Volume: 104,568
Technical Sentiment Signal: Buy
Current Market Cap: S$4.4B
For a thorough assessment of EMI stock, go to TipRanks’ Stock Analysis page.