The move is part of a scheduled share issuance and allotment announced in January 2024.
The capital injection from Singtel and Grab is part of a scheduled share issuance and allotment announced in January 2024.
Grab has taken up the majority of the 229.5 million shares at $1 apiece in the digital bank. It was allotted 191.8 million shares, while Singtel was allotted 37.7 million shares.
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