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Grab's Trans-cab acquisition: Singapore competition watchdog invites public feedback

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Last month, Grab, through its wholly-owned subsidiary Grab Rentals Pte Ltd, proposed to acquire 100 per cent of Trans-cab shares. GrabSG

a day agoSTORY: Indonesian farmer, Taupik Rismawan, is worried about his coffee crop.He owns a plantation in Sumedang about 124 miles from the capital Jakarta.After losing half of his harvest due to excessive rainfall, he's now facing another weather-induced problem - the soil may soon be bone dry because of drought caused by El Nino.The weather phenomenon typically brings prolonged hot and dry weather to the tropical country.

In 2023, the cost of coffee climbed more than 40% - hitting a record high in June.Indonesia's weather agency BMKG says El Nino is already affecting more than two-thirds of the country, including the coffee producing regions of Java and parts of Sumatra.

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Grab, Trans-Cab say merger won’t substantially lower competition as CCCS seeks public viewsThe competition watchdog said it would decide if the proposed takeover would infringe the Competition Act. Read more at straitstimes.com.
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Singapore competition watchdog seeks public feedback on Grab's planned acquisition of Trans-cabSINGAPORE: The Competition and Consumer Commission of Singapore (CCCS) on Monday (Aug 14) said it was seeking public feedback on tech firm Grab's proposed acquisition of taxi operator Trans-cab. The competition watchdog is looking for views on how the acquisition,
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