Emperador (SGX:EMI, PSE:EMI) is slated to spend 4 billion Philippine pesos in 2025 on the expansion of its Dalmore distillery, according to a filing with the Singapore Exchange on Monday.
The investment will also be spent on the expansion of a whisky maturation complex at the Invergordon distillery. The expansion is expected to enable the distillery to house a further 1.5 million casks of maturing whisky.
The Dalmore distillery is slated for completion in the second half of 2025.
Shares of the dual-listed global liquor conglomerate were up nearly 2% in recent trading in Singapore.