Emperador, the Philippines’ largest liquor maker and distributor, expects to list its shares on the Singapore Exchange on Thursday.

The Manila-listed company said it expects to satisfy the conditions set out in an eligibility-to-list letter (ETL) from the Singapore Exchange Securities Trading (SGX-ST), and its shares to be listed and commence trading on the mainboard of SGX-ST on July 14. The shares will trade under the stock code “EMI”.

The outstanding ETL conditions include, among others, the release of an announcement on SGXNET (the exchange’s web-based platform for company announcements) disclosing the company’s latest share price on the Philippine Stock Exchange (PSE) and its Singapore dollar equivalent prior to the listing of the Company on SGX-ST.

Winston Co, the company’s group president and chief executive officer, comments: “The secondary listing of Emperador on the SGX is a key milestone in the development of our business as a leading international brandy and whisky company, reflecting our global reach and the strength of our world-class portfolio of brands. This will expand opportunities for participation by investors in Singapore and beyond as we continue to invest in our ambitious international expansion.”

Emperador says it will continue to maintain its primary listing on the PSE, with the stock trading on both exchanges concurrently, making it the first company with primary listing on the PSE to conduct a secondary listing on the SGX-ST.

UBS Singapore Branch and J.P. Morgan (S.E.A.) are acting as joint managers for the proposed secondary listing.

Emperador claims to be the biggest spirits company in the Philippines and the world’s largest brandy maker.  Since 2014, it has been expanding its portfolio, acquiring Whyte & Mackay, said to be the world’s fifth largest Scotch whisky producer by capacity, and Bodegas Fundador, the oldest and biggest brandy maker in Spain. Its brandy and whisky products are distributed in more than 100 countries.

It is a subsidiary of Alliance Global Group, a publicly listed conglomerate in the Philippines with diversified investments in real estate development, food and beverage, quick-service restaurants, and tourism-entertainment and gaming business.