Grab says it is unaware of any breach of M'sian laws, in latest probe on Uber takeover

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KUALA LUMPUR — Grab Holdings Inc said it is unaware of any breach of Malaysian competition laws since its acquisition of rival Uber Technologies Inc’s Southeast Asian operations in March last year.

 

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Grab says Uber acquisition not in breach of competition laws as Malaysia watchdog steps up probeIN response to media reports that Malaysia is advancing its anti-monopoly investigation into Singapore-based Grab Holdings Inc, the ride-hailing company on Thursday said that it has 'fully cooperated' with the Malaysia Competition Commission (MyCC) in their request for information, and is not aware of any breach of competition laws since its acquisition of Uber last March. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Grab says its contribution to SEA economy totals US$5.8bGRAB contributed US$5.8 billion to South-east Asia's economy in the 12 months leading up to March 2019, through its platform and Kudo unit. Read more at The Business Times.
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Chin Swee Road toddler’s death: AGC looking into potential breaches of gag orderSINGAPORE — The Attorney-General’s Chambers (AGC) said on Wednesday (Sept 25) that it is looking into potential breaches of a court-imposed gag order, regarding a couple who were recently charged for the high-profile murder of their toddler in a Chin Swee Road rental flat. Why the need to hide the identity of the victim? Say her name. Shes been hidden away and nameless too long. Let us as a society grieve her passing and give her a farewell, if those around her didnt care to. The gag order only protects her murderers.
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