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Allen & Overy advises Emperador on its secondary listing in Singapore

Allen & Overy has advised Emperador Inc. (Emperador), a Philippine Stock Exchange-listed (PSE) global spirits business, on its landmark secondary listing by way of introduction on the Mainboard of the Singapore Exchange Securities Trading Limited (SGX-ST).

Emperador is the first Philippine listed company to conduct a secondary listing on the SGX-ST Mainboard.

Emperador had an estimated market capitalisation on the PSE of approximately SGD6.8 billion on the day prior to its secondary listing on the SGX-ST. Emperador’s shares will continue to be primary listed on the PSE. Emperador is a leading high-growth international spirits player with a deep portfolio of globally recognised, market-leading brandy and whisky products.   

Giancarlo B. Sambalido, counsel in A&O’s international capital markets practice in Hong Kong, commented: “This mandate marks another milestone for Emperador - gaining exposure to investors in Singapore and regionally to enhance future growth opportunities. Hopefully, this opens up another channel for other Philippine companies looking to tap international investors to grow and accelerate their international business. This transaction highlights A&O’s experience and expertise in the food and beverage sector and A&O’s top-tier cross-border offering in the Southeast Asia region.”

The core A&O team involved on this transaction primarily comprised partners Yin Mei Lock, Alexander Stathopoulos in Singapore and counsel Giancarlo B. Sambalido in Hong Kong, with support from senior associate Jeremy Teh and associate Wayne Chan in Singapore, and senior associate Magdalena Biereder in Hong Kong.

For further information, please contact Georgia Bennett at gbennett@sefiani.com.au

Disclaimer:
The information contained herein is restricted and is not for publication, distribution or release in or into the United States of America, Australia, Canada, Japan or South Africa. This announcement is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or any other jurisdiction. The shares referred to herein (the "Securities") have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not, subject to certain exceptions, be offered or sold in the United States or to or for the account or benefit of a person located in the United States.

This transaction highlights A&O’s experience and expertise in the food and beverage sector and A&O’s top-tier cross-border offering in the Southeast Asia region.

Giancarlo B. Sambalido