Emperador Inc. (EMI) has confirmed that sales of its shares on the Singapore Exchange Securities Trading Limited (SGX-ST) are subject to a Philippine stock transaction tax of 0.1% of the gross selling price, reduced from the previous 0.6%.

The tax will be collected and withheld by the selling shareholder’s Singapore broker on the trade settlement date. Brokers may remit the tax to the Philippines Bureau of Internal Revenue either through their own Philippine affiliates or via BDO Securities Corporation, which acts as the receiving and remitting agent.

As of Mar, 23 2026, 17 Singapore brokers have been onboarded with BDO Securities Corporation for this purpose: 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 cautioned that if a broker ceases using BDO Securities Corporation and fails to provide an alternative remittance route, clients may be unable to trade the shares. Failure to collect or remit the tax can trigger Philippine penalties, including a 25% surcharge, 12% annual interest and potential fines or imprisonment under the National Internal Revenue Code.

The company advised investors to consult their tax and legal advisers regarding the implications of trading Emperador shares on SGX-ST and to discuss any additional fees with their respective brokers.