Saturday, August 20, 2022
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Business Corporate

Emperador seeks secondary listing in Singapore bourse

Jenniffer B. AustriabyJenniffer B. Austria
September 16, 2021, 8:00 pm
in Corporate
Reading Time: 2 mins read
A A
74
SHARES
Share on FacebookShare on TwitterShare on Email

Liquor maker Emperador Inc. said Thursday it filed an application for a secondary listing on the main board of the Singapore Exchange.

Emperador, controlled by billionaire Andrew Tan, said the application is subject to review and approval of the SGX. The company did not disclose other details of the planned dual listing.

“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 chief executive Winston Co said.

“The eventual listing in Asia’s leading exchange will also provide a platform to showcase Emperador as a global spirits company,” Co said.

Emperador earlier said it would continue to maintain its primary listing in the Philippine Stock Exchange.

ADVERTISEMENT

PSE chairman Jose Pardo said Emperador’s planned dual listing would be a good way to promote the company’s global brands and products in an important, growing consumer market.

“This dual listing bodes well, and is in fact timely, since SGX and PSE have started to work on a joint initiative to establish a PSE-SGX Connect whereby index stocks of PSE can be traded in SGX and vice versa,” Pardo said.

Emperador’s manufactured distilled spirits and other alcoholic beverages are available in 55 countries across Asia, Europe, North America and South America.

The company acquired Whyte and Mackay and Bodegas Fundador in 2014 and 2015 as part of its overseas expansion plan.

Emperador chalked up a net income of P5.08 billion in the first half, up 53 percent from P3.32 billion recorded in the same period last year.

First-half revenues jumped 18 percent to P25.3 billion, fueled by strong sales from international markets.

Sales of brandy products, which accounted for 65 percent of total first-half sales, went up by 10 percent to P16.3 billion. Revenues from Scotch Whisky, which accounted for the remaining 35 percent of total sales, jumped 35 percent to P9 billion.

Co said the company was expecting its brandy business led by Fundador to continue to grow by double digits in the UK, US, Canada, Spain, Mexico, Canada and Asia including the Philippines.

The company’s whisky business is also expected to continue to pace strongly in regional markets led by North America, Europe and Asia, including China.

Tags: Andrew TanEmperador Inc.Singapore Exchange
ADVERTISEMENT
Jenniffer B. Austria

Jenniffer B. Austria

Related Posts

BOI approves incentives for Amazon site

byOthel V. Campos
August 19, 2022, 7:50 pm
0
134
BOI approves incentives for Amazon site

The Board of Investments said Friday it approved the registration of a new site for virtual customer services of Amazon...

Read more

Bloomberry to develop resort and casino on 280-hectare property in Ternate, Cavite

byJenniffer B. Austria
August 19, 2022, 7:45 pm
0
138

Bloomberry Resorts Corp. said it will develop an integrated resort and casino on a 280-hectare property in Ternate, Cavite. The...

Read more

MREIT eyes rental income of P1.43B in 2nd half of 2022

byJenniffer B. Austria
August 19, 2022, 7:35 pm
0
139
Megaworld’s REIT unit set to purchase more assets

MREIT Inc., the real estate investment trust company of Megaworld Corp., said Friday it expects to book P1.43 billion in...

Read more

Bloomberry eyes new resort and casino in Ternate

byJenniffer B. Austria
August 18, 2022, 7:20 pm
0
358
Bloombery defers completion date of QC casino-hotel

Bloomberry Resorts Corp. said Thursday it will start developing a newly-acquired property in Ternate, Cavite into an integrated resort and...

Read more

Pfizer launches new campaign

byManila Standard
August 18, 2022, 6:50 pm
0
194
Pfizer says COVID-19 vaccine 90% effective in Phase 3 trial

Pfizer Philippines Inc. launched a new corporate communications program highlighting the company’s work in developing breakthroughs that change patients’ lives....

Read more

SSI Group’s profit soared by 383% to P491m in 6 months

byJenniffer B. Austria
August 17, 2022, 8:15 pm
0
188
SSG Group, Metro Retail incur losses

SSI Group Inc., the country’s largest specialty retailer controlled by the Tantoco family, said Wednesday net income soared 383 percent...

Read more

Stories you may like

  • It’s back-to-school season at SM Stationery

    How love kept Zoey Taberna alive

    10832 shares
    Share 4333 Tweet 2708
  • Supermodel son is Philippine bet in Manhunt International

    12407 shares
    Share 4963 Tweet 3102
  • CHERY Tiggo Crossovers release players, salute their contributions 

    1149 shares
    Share 460 Tweet 287
  • SMART/MVP-PH Team joins ‘22 Asian Taekwondo Championship

    1140 shares
    Share 456 Tweet 285
  • Grasping the concept of residual exception

    888 shares
    Share 355 Tweet 222

Print Edition

View More

Recent Posts

  • Sneakers for Makati : AB4.0
  • Supermarkets sell sugar at P70/kilo
  • BIR taps big online sellers, monitors socmed for data
  • DepEd to give one-time P5,000 cash aid to teachers on August 22
  • Antipolo school closes 2 days before classes open
  • Fuel price hikes forecast next week as US pump consumption picks up
  • Senate lockdown set after members, staff get COVID-19
  • DOH reveals two more monkeypox cases detected

Advertisement

Latest News

Fuel price hikes forecast next week as US pump consumption picks up

byAlena Mae S. Flores
August 20, 2022, 1:10 am
0
141
Gov‘t on alert over inaugural disruption buzz

The Department of Energy (DOE) projected a possible oil price hike next week of as much as P2 per liter...

Read more

Senate lockdown set after members, staff get COVID-19

byMacon Ramos-Aranetaand1 others
August 20, 2022, 1:00 am
0
139
Senate asked for quick OK of DDR bill

Senate President Juan Miguel Zubiri on Friday declared a lockdown at the Senate building after seven senators and several employees...

Read more

DOH reveals two more monkeypox cases detected

byWillie Casas
August 20, 2022, 12:50 am
0
150
Experts: Monkeypox hard to detect

The Department of Health (DOH) on Friday recorded two more cases of monkeypox in the Philippines, raising the total number...

Read more

Speaker: PH-US ties to stay strong

byMaricel Cruz
August 20, 2022, 12:40 am
0
151
Speaker: PH-US ties to stay strong

Speaker Martin G. Romualdez on Thursday night expressed confidence that the Philippines and the United States' close and friendly ties...

Read more

Mom of Bulacan girl found dead cries for justice

byManila Standard
August 20, 2022, 12:30 am
0
150
Vax wastage, infection surge feared in Odette-hit areas

The mother of a 15-year-old girl found dead in Bulacan after missing for days sought the help of President Ferdinand...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App