Question
Grab Holdings Inc is applying for listing in the US NASDAQ. It was reported that Grab CEO Anthony Tan, co-founder Tan Hooi Ling and President
Grab Holdings Inc is applying for listing in the US NASDAQ.
It was reported that Grab CEO Anthony Tan, co-founder Tan Hooi Ling and President Ming Maa will collectively hold more than 60% voting power in the company, merged with Altimeter Growth Corp for its US venture.
Using the above context of discussion, describe the relationship between "share ownership", "voting power" and the "control" over Grab's business.
Links:
https://www.theedgemarkets.com/article/grab-agrees-worlds-biggest-spac-merger-valued-nearly-us40b
https://asia.nikkei.com/Business/Startups/Grab-CEO-takes-60-of-voting-rights-5-take-aways-from-IPO-plan
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