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Grab Holdings Limited shareholders approved at the extraordinary general meeting on March 24, 2026, a special resolution to adopt the Third Amended and Restated Memorandum and Articles of Association, increasing the voting power of each Class B ordinary share from 45 to 90 votes, with 85.9% voting in favor and 14.1% against. The changes are effective from March 24, 2026.
Key Takeaways
1EGM held on March 24, 2026 Singapore time
2Special resolution passed with 85.9% for and 14.1% against
3Class B ordinary share voting power increased from 45 to 90 votes per share
4Third Amended and Restated Memorandum and Articles adopted effective March 24, 2026
5Authorized share capital: US$50,000 divided into 50,000,000,000 shares (49,500,000,000 Class A ordinary shares, 500,000,000 convertible Class B ordinary shares)