Shares in Emperador Inc opened on the Singapore Exchange (SGX) at 43.5 cents on July 14.
The world’s largest brandy maker and the Philippines’ largest liquor company received its eligibility to list on the SGX on April 13.
The opening share price was the same as the company's last-closed price of 17.42 pesos (43.5 cents) per share on the Philippine Stock Exchange on July 13.
Emperador, which reportedly considered a second listing in July 2021, was founded in the Philippines in 1979.
Its controlling shareholder is the Philippine conglomerate Alliance Global Group, which has a 84.57% stake in the company.
Emperador is the first Philippine Stock Exchange-listed company to have a secondary listing here on the SGX.
