CNA938 Rewind - How Grab’s super-voting share proposal could change investor power

Grab is proposing to double the number of votes attached to its Class B “super-voting” shares – from 45 votes per share to 90 – at an extraordinary general meeting on March 24. If approved, this change could raise CEO Anthony Tan’s voting power to as much as 74.9 per cent, solidifying founder control over the company’s future. Andrea Heng and Hairianto Diman break down how super-voting shares work, why Grab is pursuing the change, and what it means for public investors’ influence over the company’s governance and strategic direction. For that, they speak with Victor Lai, Principal Consultant, Citadelcorp.