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News Grab buys Jaya Grocer, Updates: up to RM1.8b
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TSorangtua
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 Dec 14 2021, 05:03 PM, updated 5y ago
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Getting Started
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https://www.nst.com.my/business/2021/12/754...-buys-back-aigfGrab buys Jaya Grocer, weeks after founder Teng family buys back from AIGFQUOTE KUALA LUMPUR: Southeast Asia's largest ride-hailing company Grab is buying Jaya Grocer Holdings Sdn Bhd, a leader in the premium grocery segment in Malaysia, for an undisclosed amount.
Singapore-based Grab, in a filing to the Nasdaq today, said it had entered into a share purchase agreement (SPA) with the current shareholders of Jaya Grocer to buy all of the ordinary shares and 75 per cent of the preference shares of Jaya Grocer.
Grab, which made its debut on the Nasdaq following a US$40 billion merger in a special purpose acquisition company deal, said Jaya Grocer operated 40 stores across Peninsular Malaysia, with the majority being located in the Klang Valley.
Subject to certain terms, Grab said it would have the option to buy the remaining 25 per cent of the preference shares of Jaya Grocer after the closing of the transaction.
"For local regulatory purposes, Grab Holdings Ltd (GHL) intends to partner with a local investor which will own 50 per cent of the voting shares in Jaya Grocer.
"Closing under the SPA is subject to customary conditions and is currently expected to occur in the first quarter of 2022. Following closing, Jaya Grocer is expected to become a subsidiary of GHL and its financial results will be consolidated by GHL," it added.
Late last month, Jaya Grocer's founder, the Teng family, reportedly had bought back its entire stake in Jaya Grocer from AIGF Advisors Pte Ltd.
AIGF had said that its investment in Jaya Grocer back in 2016 was part of the fund's strategy of identifying and investing in companies with strong potential and working alongside them to enhance the value of their businesses, to create leaders in their respective industries.
During the investment period, Jaya Grocer had expanded organically from just over 10 stores to more than 40 today, it added. Updates: https://www.malaymail.com/news/malaysia/202...-rm1.8b/2028411Report: Grab is acquiring Jaya Grocer for up to RM1.8bQUOTE KUALA LUMPUR, Dec 14 β Grab is reportedly buying Malaysian premium grocery store chain, Jaya Grocer. According to sources, it is acquiring the business for RM1.5 billion to RM1.8 billion. This happened after Jaya Grocerβs founder, the Teng family, reportedly had bought back its entire stake in Jaya Grocer late last month from AIGF Advisors. This post has been edited by orangtua: Dec 14 2021, 09:21 PM
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wotvr
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Dec 14 2021, 05:06 PM
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Getting Started
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Grab trying to become SEA megacap. From tech to fintech and now groceries.
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jay
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Dec 14 2021, 05:06 PM
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Grab online grocery shopping delivery inkambing
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delphine.88
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Dec 14 2021, 05:07 PM
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Getting Started
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Grab MART!!
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rickyro
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Dec 14 2021, 05:07 PM
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GRABJAYA! Voucher code inkambinggg!
This post has been edited by rickyro: Dec 14 2021, 05:08 PM
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Rubypoyo
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Dec 14 2021, 05:09 PM
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brace yourself grab mart inkambing..... can start say bye2 giant lotus econsave etc2 ohwai
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SUSNew Klang
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Dec 14 2021, 05:09 PM
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Hope for Jaya grocer, I buy fresh meat there
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drug5
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Dec 14 2021, 05:09 PM
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Getting Started
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How much Jaya Grocer worth previously?
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DarkNite
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Dec 14 2021, 05:10 PM
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QUOTE(wotvr @ Dec 14 2021, 05:06 PM) Grab trying to become SEA megacap. From tech to fintech and now groceries. Maybe seeking protection from 51%?  |
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Solar Calendar
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Dec 14 2021, 05:10 PM
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Dun say Jaya Grocer la, even buy Maybank also can. With their insane IPO money
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leftycall9
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Dec 14 2021, 05:11 PM
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Wow. *π³
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ketiak_masyam
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Dec 14 2021, 05:11 PM
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Getting Started
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grab grocer
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msacras
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Dec 14 2021, 05:11 PM
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Hai kelas grocer, pipits can't afford.
This post has been edited by msacras: Dec 14 2021, 05:12 PM
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hickups
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Dec 14 2021, 05:14 PM
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Next Grab Finance
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Rusty Nail
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Dec 14 2021, 05:15 PM
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Majulah Singapore
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PJng
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Dec 14 2021, 05:16 PM
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Habisla, Grab mau grab semua benda
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lostxkitten
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Dec 14 2021, 05:16 PM
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Getting Started
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Grab becoming conglomerate.
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Lembu Goreng
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Dec 14 2021, 05:16 PM
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Very good la this Singapore company
Wonder why malaysia dont have company like this
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pobox
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Dec 14 2021, 05:16 PM
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So now all Grab riders can chill out at the front door of Jaya Grocer while waiting for orders
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bcombat
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Dec 14 2021, 05:16 PM
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high class super mart
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Imp Bron
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Dec 14 2021, 05:17 PM
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Getting Started
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Grab need to take over online shopping
They can become Amazon of east asia if they play their cards right
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Burningsunz
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Dec 14 2021, 05:18 PM
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this teng family smart. beli back jaya grocer then sell to grab
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NoNameSoldier
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Dec 14 2021, 05:19 PM
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Getting Started
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QUOTE(Lembu Goreng @ Dec 14 2021, 05:16 PM) Very good la this Singapore company Wonder why malaysia dont have company like this founded by Malaysian, used owned by Malaysian, controlled by Malaysian... should ask the idiotic Government that only care B40 and know giving cash handouts to B40 This post has been edited by NoNameSoldier: Dec 14 2021, 05:19 PM |
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andyng38
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Dec 14 2021, 05:19 PM
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I hope the quality of their pomegranates doesn't drop!
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h4r8_kIlLeR
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Dec 14 2021, 05:19 PM
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Getting Started
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Fuck.... Quality drop dy
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Matchy
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Dec 14 2021, 05:21 PM
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AIGF kena game by Teng+Grab?
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tifosi
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Dec 14 2021, 05:21 PM
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Habis. Jaya Grocer price gonna shoot up liao.
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tifosi
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Dec 14 2021, 05:23 PM
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QUOTE(NoNameSoldier @ Dec 14 2021, 05:19 PM) founded by Malaysian, used owned by Malaysian, controlled by Malaysian... should ask the idiotic Government that only care B40 and know giving cash handouts to B40 No more liao. Singaporean already. Ex-Malaysian. |
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yhtan
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Dec 14 2021, 05:24 PM
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Teng family very smart, sold out Giant at peak price and now cash out Jaya Grocer
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SUSmgtow tlts
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Dec 14 2021, 05:24 PM
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Getting Started
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no wonder got gib free rm50 vaucher for mart....
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alextan99
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Dec 14 2021, 05:25 PM
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maybe Grab wants to go the route of Amazon
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MeToo
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Dec 14 2021, 05:25 PM
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QUOTE(NoNameSoldier @ Dec 14 2021, 05:19 PM) founded by Malaysian, used owned by Malaysian, controlled by Malaysian... should ask the idiotic Government that only care B40 and know giving cash handouts to B40 B40 give RM500 get 1 vote, you T20 give RM500 u take the money but too smart to vote them..... SO give u $ for what |
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SUSFenix98
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Dec 14 2021, 05:25 PM
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QUOTE(Lembu Goreng @ Dec 14 2021, 05:16 PM) Very good la this Singapore company Wonder why malaysia dont have company like this Singkie songlap |
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bcombat
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Dec 14 2021, 05:25 PM
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complement with existing grab online supermarket business
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NoNameSoldier
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Dec 14 2021, 05:31 PM
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QUOTE(MeToo @ Dec 14 2021, 05:25 PM) B40 give RM500 get 1 vote, you T20 give RM500 u take the money but too smart to vote them..... SO give u $ for what ape T20 mau lagi |
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Boom Mortar
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Dec 14 2021, 05:32 PM
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Getting Started
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Their share price berapa adi now?
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bcombat
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Dec 14 2021, 05:34 PM
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QUOTE(Boom Mortar @ Dec 14 2021, 05:32 PM) Their share price berapa adi now? 7.xx |
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cempedaklife
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Dec 14 2021, 05:35 PM
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fuiyooo..
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SUSM4A1
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Dec 14 2021, 05:37 PM
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QUOTE(Lembu Goreng @ Dec 14 2021, 05:16 PM) Very good la this Singapore company Wonder why malaysia dont have company like this ipo $12 now $7 good? later drop to $3  |
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jmtstan
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Dec 14 2021, 05:38 PM
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Getting Started
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might as well buy village grocer and merge it, become VillageJaya Grocer
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ZeroSOFInfinity
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Dec 14 2021, 05:39 PM
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QUOTE(orangtua @ Dec 14 2021, 05:03 PM) Late last month, Jaya Grocer's founder, the Teng family, reportedly had bought back its entire stake in Jaya Grocer from AIGF Advisors Pte Ltd. Bugimak, surely untung like crazy now. |
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Kilohertz
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Dec 14 2021, 05:40 PM
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Grab This Grab That
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strife01
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Dec 14 2021, 05:40 PM
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Getting Started
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Hnngh, gonna become even fatter... delivery of fresh groceries at finger tips.
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emburrar
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Dec 14 2021, 05:42 PM
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New Member
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Grab grocer
Grab everything
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julianpjl
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Dec 14 2021, 05:44 PM
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New Member
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QUOTE(Burningsunz @ Dec 14 2021, 05:18 PM) this teng family smart. beli back jaya grocer then sell to grab Masih ada hero. After this they focus on hero. Do it right can sell off good price also. |
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Phoenix_KL
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Dec 14 2021, 05:47 PM
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Getting Started
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"For local regulatory purposes, Grab Holdings Ltd (GHL) intends to partner with a local investor which will own 50 per cent of the voting shares in Jaya Grocer.
bam. 50% strikes again.
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k town shit
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Dec 14 2021, 05:50 PM
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QUOTE(New Klang @ Dec 14 2021, 04:09 PM) Hope for Jaya grocer, I buy fresh meat there Me too , hope they can open more near my house area. |
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Taikor.Taikun
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Dec 14 2021, 05:51 PM
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QUOTE(yhtan @ Dec 14 2021, 05:24 PM) Teng family very smart, sold out Giant at peak price and now cash out Jaya Grocer What will they create next? Their next venture will attract 'flies'... Maybe kena 51% |
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ZeroSOFInfinity
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Dec 14 2021, 05:52 PM
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QUOTE(bcombat @ Dec 14 2021, 05:16 PM) Jaya Grocer is considered middle class mart liao. High class one is Mercato, Ben's Grocer, D'Market & Food Republic. |
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Sycamore
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Dec 14 2021, 05:53 PM
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walao so clever.
More like they are expanding so fast after they got the funding from stock listing.
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Ttbatdtptsm
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Dec 14 2021, 05:54 PM
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Getting Started
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Lol gojek is miles ahead when it comes to services β¦
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PortgasDerekAce
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Dec 14 2021, 06:04 PM
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Getting Started
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become amazon
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SUSOmni-Man
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Dec 14 2021, 06:05 PM
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Getting Started
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Wonder what image they will potray. Mid class? Upper middle?
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munak991
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Dec 14 2021, 06:09 PM
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Hahahhahahahahah Malaysian all red eye
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c64
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Dec 14 2021, 06:10 PM
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QUOTE(msacras @ Dec 14 2021, 05:11 PM) Hai kelas grocer, pipits can't afford. JG not really that expensive, Village Grocer too. You will be suprise their vege can be cheaper than hailat wet market. |
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stevenryl86
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Dec 14 2021, 06:13 PM
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Come grab voucher here "GRABMART" "GRABJAYA" and enjoy RM10 off on your 1st purchase, min spend RM50.
This post has been edited by stevenryl86: Dec 14 2021, 06:14 PM
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elm0001
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Dec 14 2021, 06:14 PM
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billionaire inkambing these 2 founders
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toughguy
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Dec 14 2021, 06:15 PM
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Getting Started
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If Grab started in Malaysia, say bye bye to 51% donated to cronies.
Tan Chong family knowing this very well. Good decision start Grab at Singapore.
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sanosizo
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Dec 14 2021, 06:18 PM
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Jaya Graber?
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MR_alien
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Dec 14 2021, 06:18 PM
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QUOTE(Rubypoyo @ Dec 14 2021, 05:09 PM) brace yourself grab mart inkambing..... can start say bye2 giant lotus econsave etc2 ohwai humans are price oriented jaya grocer's stuff isn't particularly cheap or cheapest in the market unless grab plan to downgrade jaya grocer's status  |
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billylks
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Dec 14 2021, 06:21 PM
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Getting Started
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QUOTE(stevenryl86 @ Dec 14 2021, 06:13 PM) Come grab voucher here "GRABMART" "GRABJAYA" and enjoy RM10 off on your 1st purchase, min spend RM50. Item price will dynamically increase depends on the availability of the stock and the demand. This post has been edited by billylks: Dec 14 2021, 06:22 PM |
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pikacu
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Dec 14 2021, 06:29 PM
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good for grab
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Jedi
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Dec 14 2021, 06:30 PM
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Y msia reject grab last time
Fkin sohai
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tokroni76
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Dec 14 2021, 06:33 PM
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New Member
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WTF is premium grocery segment?
What item in Jaya Grocer cant be found in 99 Speedmart.?
Furthermore, physical stores are dwindling. All prefer online now
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tahfeikei
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Dec 14 2021, 06:34 PM
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QUOTE(Lembu Goreng @ Dec 14 2021, 05:16 PM) Very good la this Singapore company Wonder why malaysia dont have company like this please kindly follow up , somebody lipot  |
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wawasan2200
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Dec 14 2021, 06:35 PM
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Getting Started
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conclusion, BN sohai
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pisces88
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Dec 14 2021, 06:38 PM
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Amazing with ipo money. Maybe can venture to car rental business too, take over socar or what . Deliver the car direct to user
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andrekua2
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Dec 14 2021, 06:42 PM
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Inilah... grab cant increase revenue liao... that's why venture into groceries.
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john123x
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Dec 14 2021, 06:43 PM
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this is actually good news, because GrabMart sucks (Lots of expired items)
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SUSFenix98
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Dec 14 2021, 06:44 PM
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Hmmmm grab smart as fffccckkk...
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SUSFenix98
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Dec 14 2021, 06:44 PM
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No wonder they kena tendang to singkieland...
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pandawan
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Dec 14 2021, 06:44 PM
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Getting Started
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Stupid government and their policies. Look at what you guys rejected out of our country.
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DarkNite
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Dec 14 2021, 06:46 PM
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QUOTE(tokroni76 @ Dec 14 2021, 06:33 PM) WTF is premium grocery segment? What item in Jaya Grocer cant be found in 99 Speedmart.? Furthermore, physical stores are dwindling. All prefer online now Jaya Grocer cashier able to sells beer without any issues? For groceries not all prefer to buy online. Several of my online 'fresh vegetables & meat markets' clients reports after phase 3, their online sales decline up to 60%. |
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julianpjl
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Dec 14 2021, 06:47 PM
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New Member
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QUOTE(Jedi @ Dec 14 2021, 06:30 PM) Y msia reject grab last time Fkin sohai Khazanah invested in Uber while temasek of sg believes in grab. Later grab mengamuk by buying over Uber. Khazanah left red face. |
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ZeneticX
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Dec 14 2021, 06:52 PM
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QUOTE(tokroni76 @ Dec 14 2021, 06:33 PM) WTF is premium grocery segment? What item in Jaya Grocer cant be found in 99 Speedmart.? Furthermore, physical stores are dwindling. All prefer online now Poor fag continue shop at 99 speedmart je lah Also 99 speedmart no pork, bacon, ham |
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nickykee
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Dec 14 2021, 06:55 PM
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Getting Started
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wow
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DValentine
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Dec 14 2021, 06:56 PM
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QUOTE(tokroni76 @ Dec 14 2021, 06:33 PM) WTF is premium grocery segment? What item in Jaya Grocer cant be found in 99 Speedmart.? Furthermore, physical stores are dwindling. All prefer online now QUOTE(ZeneticX @ Dec 14 2021, 06:52 PM) Poor fag continue shop at 99 speedmart je lah Also 99 speedmart no pork, bacon, ham kecian P lesen account salty pipit will forever be pipit |
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danadasung
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Dec 14 2021, 06:58 PM
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Getting Started
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QUOTE(tokroni76 @ Dec 14 2021, 06:33 PM) WTF is premium grocery segment? What item in Jaya Grocer cant be found in 99 Speedmart.? Furthermore, physical stores are dwindling. All prefer online now Spoken like a true jakun |
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SUSFenix98
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Dec 14 2021, 07:03 PM
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QUOTE(tokroni76 @ Dec 14 2021, 06:33 PM) WTF is premium grocery segment? What item in Jaya Grocer cant be found in 99 Speedmart.? Furthermore, physical stores are dwindling. All prefer online now Soon sabri open grub.... |
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ixaRA
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Dec 14 2021, 07:03 PM
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Getting Started
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QUOTE(Jedi @ Dec 14 2021, 06:30 PM) Y msia reject grab last time Fkin sohai Gov already invest in uber last time.. but i guess gov should can invest in uber and grab together.. |
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hirano
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Dec 14 2021, 07:04 PM
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QUOTE(tokroni76 @ Dec 14 2021, 06:33 PM) WTF is premium grocery segment? What item in Jaya Grocer cant be found in 99 Speedmart.? Furthermore, physical stores are dwindling. All prefer online now U never been to Jaya grocer, mercato or Ben's grocer is it? |
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keaizer
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Dec 14 2021, 07:04 PM
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QUOTE(tokroni76 @ Dec 14 2021, 06:33 PM) WTF is premium grocery segment? What item in Jaya Grocer cant be found in 99 Speedmart.? Furthermore, physical stores are dwindling. All prefer online now Physical store dwindling???nahhhhh not in our lifetime I see lot of physical business expanding post covid |
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leftycall9
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Dec 14 2021, 07:07 PM
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QUOTE(DValentine @ Dec 14 2021, 06:56 PM) kecian P lesen account salty pipit will forever be pipit Mcm kenal that account ID. Confirm kena boraed for racing hence using dupe now. |
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Raddus
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Dec 14 2021, 07:23 PM
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Getting Started
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QUOTE(tokroni76 @ Dec 14 2021, 06:33 PM) WTF is premium grocery segment? What item in Jaya Grocer cant be found in 99 Speedmart.? Furthermore, physical stores are dwindling. All prefer online now Buy fresh food online end up get rotten on delivery |
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pattleongkam
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Dec 14 2021, 07:43 PM
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Getting Started
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QUOTE(NoNameSoldier @ Dec 14 2021, 05:19 PM) founded by Malaysian, used owned by Malaysian, controlled by Malaysian... should ask the idiotic Government that only care B40 and know giving cash handouts to B40 no point highlighting to them they muka tembok tebal only know how to trick, fool, suck, steal, rob to get what they want later no worries, later lazy will come out new policies and up from 51% to min 91% min requirement!!  |
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FLYING PANTIES
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Dec 14 2021, 07:47 PM
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QUOTE(munak991 @ Dec 14 2021, 06:09 PM) Hahahhahahahahah Malaysian all red eye Actually ayam sakit hati also why khazanah didnt invest in grab, But thinking about it, Grab wont go that far if khazanah ever invested in it. Haih dilemma  |
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bbbuuuggwp
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Dec 14 2021, 07:53 PM
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New Member
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kek release news just in time when their share on a downtrend hoping for the price to moon after this news
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sohailayhun
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Dec 14 2021, 08:05 PM
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Getting Started
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shopee mau beli mana pulak? lazada mau beli mana pulak? air asia mau beli mana pulak? win  |
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muckingfental
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Dec 14 2021, 08:14 PM
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New Member
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Grab all pusi!
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bergstein
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Dec 14 2021, 08:18 PM
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QUOTE(tokroni76 @ Dec 14 2021, 06:33 PM) WTF is premium grocery segment? What item in Jaya Grocer cant be found in 99 Speedmart.? Furthermore, physical stores are dwindling. All prefer online now p for pipit |
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SUSAngelic Layer
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Dec 14 2021, 08:18 PM
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Getting Started
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When an established business stepping in a unfamiliar territory, it is time to sell.
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soul78
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Dec 14 2021, 08:23 PM
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have to la.. if not 51% hijaaked by oren kito.
better sell shares to now considered 'oversea' company to safeguard from 51% attack mcm blockchain.
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mick84
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Dec 14 2021, 08:27 PM
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Getting Started
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QUOTE(tokroni76 @ Dec 14 2021, 06:33 PM) WTF is premium grocery segment? What item in Jaya Grocer cant be found in 99 Speedmart.? Furthermore, physical stores are dwindling. All prefer online now U buy online also come from somewhere ma. Aduiβ¦.. grab need sources, if not what to sell u. With this, they can do both online & offline. |
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ekoh
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Dec 14 2021, 08:53 PM
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New Member
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next buy village and ben's grocer, Navis looking for buyer now
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Lucas0323
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Dec 14 2021, 08:58 PM
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QUOTE(Solar Calendar @ Dec 14 2021, 05:10 PM) Dun say Jaya Grocer la, even buy Maybank also can. With their insane IPO money Maybank so cheap? |
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danielmckey
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Dec 14 2021, 08:58 PM
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Grab is good business & making high profit.
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Solar Calendar
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Dec 14 2021, 09:17 PM
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QUOTE(Lucas0323 @ Dec 14 2021, 08:58 PM) Grab is 3x larger. |
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blek
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Dec 14 2021, 09:24 PM
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Diu lor, Grab not malaysia company. can ask 51% or not?
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tatmeng
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Dec 14 2021, 09:27 PM
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Getting Started
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QUOTE(blek @ Dec 14 2021, 09:24 PM) Diu lor, Grab not malaysia company. can ask 51% or not? I think can as long as licensed in Malaysia |
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koja6049
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Dec 14 2021, 09:33 PM
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QUOTE(ixaRA @ Dec 14 2021, 07:03 PM) Gov already invest in uber last time.. but i guess gov should can invest in uber and grab together.. malaysian style, believe in angmoh rather than local ppl |
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mick84
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Dec 14 2021, 09:40 PM
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Getting Started
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Grocery is everywhere now.
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NoNameSoldier
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Dec 14 2021, 09:42 PM
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Getting Started
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QUOTE(FLYING PANTIES @ Dec 14 2021, 07:47 PM) Actually ayam sakit hati also why khazanah didnt invest in grab, But thinking about it, Grab wont go that far if khazanah ever invested in it. Haih dilemma Tongkat is top priority |
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thelonely
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Dec 14 2021, 09:45 PM
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New Member
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QUOTE(msacras @ Dec 14 2021, 05:11 PM) Hai kelas grocer, pipits can't afford. actually the price is quite reasonable |
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kelvinfixx
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Dec 14 2021, 09:45 PM
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expensive buy.
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SUSCincai lar
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Dec 14 2021, 09:52 PM
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Getting Started
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so now got online groceries ??
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smokey
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Dec 14 2021, 10:12 PM
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But y buy grocery store in msia?
Y not other countries?
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blanket84
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Dec 14 2021, 10:13 PM
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QUOTE(thelonely @ Dec 14 2021, 09:45 PM) actually the price is quite reasonable Yeah. Most common brands are almost the same price as in Tesco, Giant, Aeon Big & the likes. Fresh produces probably around 5-10% more expensive but 100% fresher. Whoever said Jaya Grocer is expensive probably never step into Jaya Grocer before  |
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Syie9^_^
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Dec 14 2021, 10:46 PM
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QUOTE(Imp Bron @ Dec 14 2021, 06:47 PM) Grab need to take over online shopping They can become Amazon of east asia if they play their cards right I hope they do! Can tell AA to pack their bags already  This post has been edited by Syie9^_^: Dec 14 2021, 10:47 PM |
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Syie9^_^
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Dec 14 2021, 10:48 PM
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QUOTE(blanket84 @ Dec 14 2021, 11:43 PM) Yeah. Most common brands are almost the same price as in Tesco, Giant, Aeon Big & the likes. Fresh produces probably around 5-10% more expensive but 100% fresher. Whoever said Jaya Grocer is expensive probably never step into Jaya Grocer before people dont know quality vs quantity. When you are B40s, one will yearn for more quantity but shitty not fresh. Down the road they paid with their healthcare cost |
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Syie9^_^
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Dec 14 2021, 10:51 PM
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QUOTE(smokey @ Dec 14 2021, 11:42 PM) But y buy grocery store in msia? Y not other countries? there is alot eco system weakness in malaysia grocer. Ever store now price war with each other. As long they got market, they dont have this that or the other that... with GRAB join in, it will flatten the delivery line. Providing more scale of services...so on.. Like Amazon Fresh. Built upon Amazon eco system. BUT, its fragmented gears with little lubricant. The rest, just read Amazon. |
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lznce2679
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Dec 14 2021, 10:53 PM
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Getting Started
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singapore based
haha..maaf anda bukan kerajaan
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Syie9^_^
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Dec 14 2021, 10:54 PM
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QUOTE(elm0001 @ Dec 14 2021, 07:44 PM) billionaire inkambing these 2 founders Billionaire is one, staying LONG in the game is another story. You want to be as long as Bill Gates, Not as long as Jack Ma before got culled. |
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Ayambetul
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Dec 14 2021, 11:01 PM
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QUOTE(pobox @ Dec 14 2021, 05:16 PM) So now all Grab riders can chill out at the front door of Jaya Grocer while waiting for orders Ini maciam no kelas liao jaya grocer This post has been edited by Ayambetul: Dec 14 2021, 11:01 PM |
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JeremyLord
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Dec 14 2021, 11:02 PM
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Time to Grab all of your moolah
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green_algae
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Dec 14 2021, 11:05 PM
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QUOTE(Syie9^_^ @ Dec 14 2021, 10:48 PM) people dont know quality vs quantity. When you are B40s, one will yearn for more quantity but shitty not fresh. Down the road they paid with their healthcare cost B40 think about immediate survival, not long term cost vs benefits. |
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pej425
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Dec 15 2021, 12:07 AM
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Getting Started
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soon 51% ownership coming soon
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empyreal
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Dec 15 2021, 12:30 AM
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Look at all my stars!!
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Whatever jaya grocer's prospects are, the market isnt taking the news well. Grab dropped 12%, outpacing the general market decline.
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Twins10
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Dec 15 2021, 01:00 AM
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Grab holdings just tank usd1! Now 6.18. more than 50% from high of USD 13....
This post has been edited by Twins10: Dec 15 2021, 01:06 AM
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Angry Clerk
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Dec 15 2021, 01:06 AM
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Getting Started
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QUOTE(Solar Calendar @ Dec 14 2021, 05:10 PM) Dun say Jaya Grocer la, even buy Maybank also can. With their insane IPO money you understand that market cap is not equivalent to cash in hand ya |
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SUSForgotPassword
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Dec 15 2021, 01:09 AM
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Getting Started
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QUOTE(empyreal @ Dec 15 2021, 12:30 AM) Whatever jaya grocer's prospects are, the market isnt taking the news well. Grab dropped 12%, outpacing the general market decline. Tech company buying grocery. Suddenly everyone was thinking "what shares am I actually holding"?? Grossly overvalued. |
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Twins10
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Dec 15 2021, 01:22 AM
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QUOTE(ForgotPassword @ Dec 15 2021, 01:09 AM) Tech company buying grocery. Suddenly everyone was thinking "what shares am I actually holding"?? Grossly overvalued. Tanked to uSD 5.92 now. 17.5% drop.. Not so Jaya. |
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ye0073
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Dec 15 2021, 01:23 AM
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Investor not shiok on this news. Luckily did not buy this stock.  |
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Twins10
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Dec 15 2021, 01:24 AM
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So fast starts buying up companies. Tomorrow buy which company? Nice to be so rich!
This post has been edited by Twins10: Dec 15 2021, 01:33 AM
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kamfoo
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Dec 15 2021, 02:28 AM
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econsave > all
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bani_prime
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Dec 15 2021, 08:03 AM
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kaya betul rosmah
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vexus
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Dec 15 2021, 08:14 AM
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Grab left MY to SG during PH era time. ππππ
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tokroni76
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Dec 15 2021, 08:43 AM
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New Member
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QUOTE(koja6049 @ Dec 14 2021, 09:33 PM) malaysian style, believe in angmoh rather than local ppl KL Segambut boys where got status Uber founded in Silicon Valley by Stanford graduates. Walao. Got status. Can go study visit tours there some more by our people on rakyat's dime. Sure pick that one lah |
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yhtan
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Dec 15 2021, 09:23 AM
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QUOTE(vexus @ Dec 15 2021, 08:14 AM) Grab left MY to SG during PH era time. ππππ Grab decide to leave Malaysia when Khazanah reject to fund them, Temasek waive hand at them and they agree to shift entire HQ to Singapore |
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sohailayhun
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Dec 15 2021, 09:25 AM
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Getting Started
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QUOTE(yhtan @ Dec 15 2021, 09:23 AM) Grab decide to leave Malaysia when Khazanah reject to fund them, Temasek waive hand at them and they agree to shift entire HQ to Singapore TQ SINGAPORE  WIN |
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raito-kun
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Dec 15 2021, 09:28 AM
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New Member
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QUOTE(yhtan @ Dec 15 2021, 09:23 AM) Grab decide to leave Malaysia when Khazanah reject to fund them, Temasek waive hand at them and they agree to shift entire HQ to Singapore how dare khazanah reject kakmah company  |
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J1g54w
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Dec 15 2021, 09:30 AM
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QUOTE(wotvr @ Dec 14 2021, 05:06 PM) Grab trying to become SEA megacap. From tech to fintech and now groceries. literally want to grab the whole SEA by its balls enjoice the megacap monopoly soon guys |
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WaterBuffalo
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Dec 15 2021, 09:31 AM
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Getting Started
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They should also buy over some hospital. Leverage on ehailing send ppl to hospital on urgent basis markup 20% ride because itβs urgent.
Boom business ideas for Grab.
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la bella
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Dec 15 2021, 10:52 AM
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QUOTE(WaterBuffalo @ Dec 15 2021, 09:31 AM) They should also buy over some hospital. Leverage on ehailing send ppl to hospital on urgent basis markup 20% ride because itβs urgent. Boom business ideas for Grab. Agreed. But no need to buy hospital, just private Ambulance business is enough for them. |
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wotvr
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Dec 15 2021, 12:11 PM
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Getting Started
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QUOTE(J1g54w @ Dec 15 2021, 09:30 AM) literally want to grab the whole SEA by its balls enjoice the megacap monopoly soon guys Their shares going down to a nice level to buy now. Still at 27B market cap but good position to enter soon.  |
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heathcliffx
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Dec 15 2021, 12:25 PM
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New Member
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itu aunty kata keje grab no future. so now grab angry. grab everything.
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vexus
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Dec 15 2021, 12:27 PM
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QUOTE(yhtan @ Dec 15 2021, 09:23 AM) Grab decide to leave Malaysia when Khazanah reject to fund them, Temasek waive hand at them and they agree to shift entire HQ to Singapore That was during PH time. Tokong & ah loke new policy πππ |
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Murcielago_
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Dec 15 2021, 12:42 PM
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Getting Started
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QUOTE(tifosi @ Dec 14 2021, 06:23 PM) No more liao. Singaporean already. Ex-Malaysian. I don't understand people who look down on own country. |
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Selectt
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Dec 15 2021, 12:50 PM
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QUOTE(Lembu Goreng @ Dec 14 2021, 05:16 PM) Very good la this Singapore company Wonder why malaysia dont have company like this grab is from malaysia  |
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shinigamidesu
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Dec 15 2021, 12:54 PM
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Getting Started
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QUOTE(Selectt @ Dec 15 2021, 12:50 PM) grab is from malaysia Unfortunately, no longer. Now based in Singapore. |
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baby_4ever
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Dec 15 2021, 12:55 PM
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Getting Started
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Premium, just short Grab
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Lembu Goreng
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Dec 15 2021, 01:17 PM
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Deleted
This post has been edited by Lembu Goreng: Dec 15 2021, 01:18 PM
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Lembu Goreng
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Dec 15 2021, 01:18 PM
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QUOTE(Selectt @ Dec 15 2021, 12:50 PM) grab is from malaysia Lulz #doneclaim |
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