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Technology 16 Apr 2021 | 3:09 PM

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

SINGAPORE (Reuters) - 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 shares. Grab, a household name across Southeast Asia, is in the early stages of considering a secondary listing in the city-state, said the sources, who declined to be identified as they were not authorised to speak about the matter.

Business 08 Apr 2021 | 7:00 AM

Hong Kong, Singapore cautious on SPAC bubble

HONG KONG: Hong Kong and Singapore are trying to get in on the boom in blank-cheque company listings, while safeguarding investors from what some say is a bubble about to burst.