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
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects
E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement
Employers want AI-fluent employees. Hiring them is the challenge
