Spread the love

(Last Updated On: )

Emperador Inc. stock price surge at the opening bell as disclosure from the company stated that it will push through with its previous plan to list shares in Singapore Exchange. As of this writing, EMP is up by more than 5%.

One of the world’s largest brandy company, Emperador submitted all its necessary document for its secondary listing in the Singapore Exchange (SGX). This will be under SGX review.

Singapore Exchange

According to its chief executive officer Winston S. Co “Emperador submitted yesterday the necessary application documents to the Singapore Exchange (SGX) for its planned secondary listing on the main board of the SGX. This is a significant momentous event for Emperador. Singapore, one of the world’s major financial hubs, will provide a broader audience and greater access to international investors”

Emperador recent income disclosure showed significant improvement from the previous year quarterly results. Its book value have increase from 4.2 to 4.39. Second quarter income results showed significant raise from 1.89 billion to more than 3 billion pesos.

Spread the love

Joey is the founder of a Philippine Stock Market Youtube channel and also known as “Palaboy Trader”. He does daily review of Trending stocks and teaches basics of Investing and trading. He has the aim to educate Filipinos to be financially independent He is also is an Overseas Filipino Worker Currently working in a Multinational Company in Malaysia

Leave a reply

Your email address will not be published. Required fields are marked *