General Announcement::Emperador Inc. Allots P6.5 Billion for Capex in 2024

Issuer & Securities

Issuer/ Manager
EMPERADOR INC.
Securities
EMPERADOR INC. - PHY2290T1044 - EMI
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
24-Jun-2024 09:12:52
Status
New
Announcement Sub Title
Emperador Inc. Allots P6.5 Billion for Capex in 2024
Announcement Reference
SG240624OTHRVOKK
Submitted By (Co./ Ind. Name)
Anna Michelle T. Llovido
Designation
Corporate Secretary
Effective Date and Time of the event
24/06/2024 09:00:00
Description (Please provide a detailed description of the event in the box below)
Emperador Inc., a leading global brandy and whisky conglomerate allocates P6.5 billion for capital expenditures in 2024.

Bulk of the capex will be for the whisky business, particularly for capacity expansion and sustainability projects. A small portion of the capex will be utilized by the brandy business for upgrades in machinery and equipment to facilitate more efficient operations.

See attached SEC Form 17-C.

Attachments