Emperador Inc. outlines stock transaction tax collection process for SGX trades

SGX Filings
Oct 24, 2025

Emperador Inc. (EMI) confirmed that sales of its shares on the Singapore Exchange Securities Trading Limited are subject to a 0.1 % stock transaction tax, calculated on the gross selling price and payable to the Philippines Bureau of Internal Revenue.

The tax is withheld by the selling shareholder’s Singapore broker at settlement. Brokers may remit the collected amount through BDO Securities Corporation, appointed as receiving and remitting agent, or via other approved channels such as affiliated Philippine brokers.

Seventeen Singapore brokers are currently onboarded with BDO Securities Corporation: CGS-CIMB Securities (Singapore) Pte. Ltd.; Citigroup Global Markets Singapore Securities Pte. Ltd.; CLSA Singapore Pte. Ltd.; Daiwa Capital Markets Singapore Limited; DBS Vickers Securities (Singapore) Pte. Ltd.; iFAST Financial Pte. Ltd.; Instinet Singapore Services Pte. Ltd.; JP Morgan Securities Singapore Private Limited; KGI Securities (Singapore) Pte. Ltd.; Lim & Tan Securities Pte. Ltd.; Macquarie Capital Securities (Singapore) Pte. Limited; Maybank Securities Pte. Ltd.; OCBC Securities Pte. Ltd.; Philip Securities Pte. Ltd.; Tiger Brokers (Singapore) Pte. Ltd.; UBS Securities Pte. Ltd.; and UOB Kay Hian Private Limited.

Emperador added that if a broker’s arrangement with the receiving agent ends, the broker must implement an alternative payment method to remain compliant. Without such arrangements, shareholders using that broker may be unable to trade EMI shares on the SGX-ST.

The company reminded investors that the latest 0.1 % tax rate reflects changes introduced under the Capital Markets Efficiency Promotion Act, effective Jul, 01 2025, and urged shareholders to consult their advisers regarding any tax, legal or fee implications.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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