Grab US listing: Anthony Tan's super vote and 4 notable details
Add BT as a preferred source
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:
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Asean+3 has made strong progress on cross-border payment connectivity, but more work lies ahead
Indonesia targets year-end start for US$30 billion clean power exports to Singapore
Seatrium surge leads Singapore stocks slightly higher on Tuesday; STI up 0.1%
