$Grab Holdings(GRAB)$ Apart from India and Japan, SE Asian sharemarkets and most other Asian sharemarkets have been in the doldrums for a considerable period of time. The Kuala Lumpur and the Singapore Stock Exchanges have both been laggards for some years. GRAB was very smart to float nearly at the peak of the tech market boom in 2021, thereby maximising corporate capital. It’s been basically downhill to now flat since for its share price. Having been to Singapore and Malaysia on several occasions, there is no doubt about GRAB’s huge profile and potential. The markets there are just quite different from US markets and if anything happens in the bigger western markets, they will run scared.
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