There are currently no owed but unpaid income taxes on the funds in the trust account.
Grab provides a platform that enables millions of people each day to access services provided by its driver- and merchant-partners through Grabs superapp to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services provided through Grabs platform such as lending, insurance, wealth management and telemedicine, all through a single everyday everything app.
Sources: CoinDesk Bitcoin , Kraken all other cryptocurrencies Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released.
Grab will also compete against other new entrants, which, in Singapore, include NYSE-listed Sea Ltd.
To the extent Grab deems it necessary in the future to take similar or other measures to assist its driver-partners or other partners in the future, Grabs financial results may be adversely impacted.
For example, Thailands new Personal Data Protection Act is expected to become fully enforceable in 2022 and new data privacy legislation has been discussed by governments in certain other jurisdictions where Grab operates.
In addition, upon certain events of default occurring, including a change of control of GFG before 2025, Grabs joint venture partner Singtel may, with regulatory approval, sell its Digital Banking JV shares to Grab at a 20% premium over fair market value, or purchase Grabs Digital Banking JV shares at a 20% discount to fair market value.
The opportunity to participate in a company that operates a highly synergistic, deeply integrated ecosystem that is designed to maximize usage and lower service costs, underpinned by proprietary technology and financial infrastructure.
Shareholder Action Reminder: The Schall Law Firm Encourages Investors in Grab Holdings Limited with Losses of $100,00 . Los Angeles, California-- (Newsfile Corp. - April 22, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Grab Holdings Limited .
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