Eduard Gismatullin

2 weeks ago | news.bloomberglaw.com | Dave Sebastian |Eduard Gismatullin

Grab Holdings Ltd. announced plans for a $1.25 billion sale of bonds convertible into stock, fueling speculation it’s bulking up its warchest to take over rival Southeast Asian delivery-and-transport provider GoTo Group. GoTo shares rose as much as 6.6% in Jakarta Tuesday after Singapore-based Grab, whose app is ubiquitous in Southeast Asia for ride hailing and food delivery, saidit will issue convertible bonds that mature in June 2030, partly to fund potential acquisitions.

2 weeks ago | bloomberg.com | Dave Sebastian |Eduard Gismatullin

A man walks past a Grab Holdings Inc. facility in Singapore, on Friday, Sept. 25, 2020. Alibaba Group Holding Ltd. is in talks to invest $3 billion in Southeast Asian ride-hailing giant Grab, according to people familiar with the matter. Photographer: Ore Huiying/Bloomberg(Bloomberg) -- Grab Holdings Ltd.

2 months ago | news.bloombergtax.com | John Cheng |Eduard Gismatullin

Assurances of policy continuity and supportive measures for the economy will be top of mind for many investors ahead of Singapore’s elections as markets remain pressured from US-imposed tariffs. Saturday’s vote may help boost shares of domestically-driven companies in sectors including retail, construction and infrastructure on potential policy support. It could also spur the local dollar, which tends to trend higher in the period leading up to and after an election, according to DBS Bank Ltd.

2 months ago | bloomberg.com | John Cheng |Eduard Gismatullin

Assurances of policy continuity and supportive measures for the economy will be top of mind for many investors ahead of Singapore’s elections as markets remain pressured from US-imposed tariffs. Saturday’s vote may help boost shares of domestically-driven companies in sectors including retail, construction and infrastructure on potential policy support. It could also spur the local dollar, which tends to trend higher in the period leading up to and after an election, according to DBS Bank Ltd.

Mar 25, 2025 | bloomberg.com | Eduard Gismatullin |John Cheng

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