Andrew Tan’s Emperador makes history as first PH company to join Straits Times Index

Liquor giant Emperador Inc. of bilyonaryo Andrew Tan has become the first Philippine company to make it to the Straits Times Index (STI), marking another milestone in its history.

After meeting all the eligibility requirements, Emperador joins major global companies in the STI, a market capitalization weighted index that tracks the performance of the top 30 companies listed on the Singapore Exchange (SGX).

STI is widely followed by investors as the benchmark for the Singapore market, and Emperador’s inclusion will expose the company to a larger base of institutional and retail investors as well as active and passive funds.

Emperador’s inclusion in the STI will take effect at the start of trading on September 19.

Company president Winston Co said this achievement is a testament of Emperador’s consistent outstanding performance through the years.

“It is an honor to be the first and only Philippine company to be part of the STI alongside its reputable roster of global companies. Being a constituent in the benchmark index of Asia’s most international exchange further solidifies Emperador’s status as a global company,” Co said.

Co said Emperador is embarking on an aggressive international strategy to further scale up its operations.

Last July 14, Emperador became the first Philippine Stock Exchange-listed company to list on the Singapore Stock Exchange.

The company owns Emperador Brandy, the world’s best-selling brandy, and Whyte and Mackay, the world’s fifth largest Scotch whisky producer.

Emperador’s portfolio of iconic brands includes Fundador Brandy, The Dalmore, Jura and Tamnavulin Single Malt Scotch whiskies, products which are available in more than 100 countries across the globe.

Germany raids properties belonging to Russian oligarch

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