Deals

Brandy Maker Emperador Mulls Second Listing in Singapore

  • Manila-listed liquor firm could raise as much as S$1 billion
  • Company could list in Singapore as early as end of this year
A customer buys bottles of Emperador brandy from a convenience store in suburban Manila.Photographer: Jay Directo/AFP/Getty Images
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Emperador Inc., the Philippines’ biggest liquor company, is exploring a second listing in Singapore that could raise as much as S$1 billion ($742 million), people with knowledge of the matter said.

The Manila-listed company is working with advisers on the potential offering, said the people, who asked not to be identified as the process is private. A listing in the city-state could take place as soon as the end of this year, the people said.