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Emperador displaces ComfortDelGro as constituent in benchmark Straits Times Index

Felicia Tan
Felicia Tan • 1 min read
Emperador displaces ComfortDelGro as constituent in benchmark Straits Times Index
Emperador is the first Phillipine-listed stock to have a secondary listing on the SGX. Photo: Emperador
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Emperador, which listed on the Singapore Exchange (SGX) in July, has displaced ComfortDelGro (CDG) as one of the 30 constituents on the benchmark Straits Times Index (STI).

As at its last-closed share price of 49.5 cents, the Mainboard-listed brandy maker has a market capitalisation of $7.8 billion. ComfortDelGro's market capitalisation, as at its last-closed share price of $1.40, stands at $3.04 billion.

Emperador received its eligibility to list on the SGX on April 13. It is the first Philippine Stock Exchange-listed company to have a secondary listing on the SGX. Its controlling shareholder is the Philippine conglomerate Alliance Global Group, which has a 84.57% stake in the company.

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