Emperador Inc. (EMI) reminded investors that sales of its shares on the Singapore Exchange Securities Trading Limited are subject to a Philippine stock transaction tax of 0.1 percent of the gross selling price, payable by the seller and to be collected by the executing Singapore broker at settlement.

The broker must remit the tax to the Philippines’ Bureau of Internal Revenue, either through BDO Securities Corporation, appointed as the receiving and remitting agent, or via alternative channels such as affiliated Philippine brokers.

Seventeen Singapore brokers—including CGS-CIMB Securities (Singapore) Pte. Ltd., DBS Vickers Securities (Singapore) Pte. Ltd., JP Morgan Securities Singapore Private Limited and UBS Securities Pte Ltd.—have already been onboarded with BDO Securities for this purpose.

If a broker’s arrangement with BDO Securities ends, that broker must secure another compliant remittance method before continuing to facilitate trading in Emperador’s shares; otherwise, its clients may be unable to sell EMI shares on the SGX.

The current 0.1 percent rate reflects the Capital Markets Efficiency Promotion Act, which will take full effect on Jul, 01 2025. Emperador urged investors to consult their professional advisers and brokers regarding tax obligations and any additional charges that may arise from the remittance process.