SGX Securities today welcomed the secondary listing of Emperador Inc. to Mainboard under the stock code “EMI”.
Emperador Inc., which is primary listed in the Philippines, is a leading global, integrated manufacturer, bottler and distributor of brandy, Scotch whisky and other alcoholic beverages. The company has a vast product portfolio, including some of the oldest and most distinguished brandy and whiskey brands in the world. The company’s products are sold in more than 100 countries with its primary geographic markets being the Philippines, China, the U.K. and Mexico.
Bryan Donaghey, Head of Whisky Business of Emperador Inc. and CEO of Whyte & Mackay, said, “The secondary listing of Emperador on the SGX-ST today marks the start of the next chapter in our growth. We are proud to have built a leading global spirits company, and we are committed to be a driving force in brandy and whisky. Our global business continues to deliver sustained growth and we aim to generate 50% of our sales from outside the Philippines by 2025. This secondary listing leverages Singapore’s position as a global financial hub and will ensure we are well-positioned to broaden our access to the international investment community in the future.”
Pol de Win, Senior Managing Director, Head of Global Sales & Origination, SGX Group, said, “We are excited to welcome Emperador Inc. – our first secondary listing from the Philippines – to Mainboard. The company’s strategic investments in building a global portfolio furthers its growth strategy in both mature and emerging markets. SGX Group’s international platform provides an excellent springboard for Emperador to further raise its profile and capture new growth opportunities.”
Emperador Inc. opened at S$0.435 today.