Emperador Inc. (SG:EMI) has released an update.
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Emperador Inc. has announced that sales of its shares on the Singapore Exchange are subject to a Stock Transaction Tax (STT) of 0.6%, which Singapore brokers will collect and remit to the Philippines Bureau of Internal Revenue. Singapore brokers have the option to remit this tax through BDO Securities, designated as the Receiving Agent, or other channels. The company has also provided a list of Singapore brokers currently partnered with BDO for STT collection, emphasizing the importance of proper STT handling to ensure uninterrupted trading for shareholders.
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