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Grab US listing: Anthony Tan's super vote and 4 notable details
Published Wed, Apr 14, 2021 · 03:15 PM
SUPER-VOTING rights, deep losses and regulatory risks are in the spotlight for Grab, as the nine-year-old company guns for the public markets.
Grab, whose core businesses are ride hailing, delivery and financial services, is pursuing a US$39.6 billion merger with a US-listed SPAC (special purpose acquisition company) with some notable features.
A deeper look at Grab's financial figures and shareholding details reveals some interesting aspects of its post-listing strategy. Here are five things to note from regulatory filings:
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