Exclusive: Grab mulling secondary Singapore listing after SPAC merger - sources

Exclusive: Grab mulling secondary Singapore listing after SPAC merger - sources

3 years ago
Anonymous $4BDEsVAtYS

https://www.reuters.com/article/us-grab-listing-sgx-exclusive/exclusive-grab-mulling-secondary-singapore-listing-after-spac-merger-sources-idUSKBN2C30NW

Grab Holdings, Southeast Asia's ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a $40 billion SPAC merger, three sources familiar with the matter said. Listing on Singapore Exchange would enable Grab to have an investor base close to where its regional business is based, the people said, potentially offering its customers, drivers and merchant partners easier access to trade its