Emperador Inc. said that sales of its shares on the Singapore Exchange Securities Trading Limited are subject to a Philippine stock transaction tax (STT) of 0.1 % of the gross selling price, a rate that will take effect on Jul, 01 2025 under Republic Act No. 122141. The levy, previously 0.6 %, is a final tax payable by the seller and must be collected by the executing Singapore broker at settlement.

To channel the withheld tax to the Philippine Bureau of Internal Revenue, Singapore brokers may remit the amount through BDO Securities Corporation, which acts as the receiving and remitting agent, or through other affiliated Philippine brokers. Brokers already onboarded with BDO Securities include CGS-CIMB Securities (Singapore), Citigroup Global Markets Singapore Securities, CLSA Singapore, Daiwa Capital Markets Singapore, DBS Vickers Securities (Singapore), iFAST Financial, Instinet Singapore Services, JP Morgan Securities Singapore, KGI Securities (Singapore), Lim & Tan Securities, Macquarie Capital Securities (Singapore), Maybank Securities, OCBC Securities, Philip Securities, Tiger Brokers (Singapore), UBS Securities, and UOB Kay Hian.

Emperador cautioned that if a broker’s arrangement with the receiving agent ends—and no alternative remittance channel is in place—clients may be temporarily unable to trade the company’s shares on the SGX. The company urged investors to consult their advisers and brokers about STT obligations, potential additional fees and the broader tax implications of holding or disposing of Emperador shares.