SINGAPORE: Investors voted to approve the merger of ride-hailing provider Grab Holdings Inc and Altimeter Growth Corp, completing one of the largest special purpose acquisition company (SPAC) deals ever after a year of tumult for SPACs and the transaction itself.

       The proposal passed at a special shareholder meeting, set the stage for Grab to become a publicly traded company, according to a statement.

       Shareholder redemptions, or investors opting out of the deal, were effectively 0%, at 0.02%.

       The combined entity will start trading on the Nasdaq today under the ticker GRAB.

       Singapore-based Grab, led by chief executive officer Anthony Tan, had long been viewed as a marquee company in South-East Asia and a promising candidate to go public. — Bloomberg