Grab Holdings stock linked to proposed USD 1.85 billion Malaysia AI deal
Published on 11/13/2026 at 22:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWhat the Malaysia deal includes
- Grab, SoftBank and PETROS are pursuing AI infrastructure projects in Sarawak and Peninsular Malaysia.
- Grab's proposed contribution is concentrated in the Peninsular Malaysia project, while the Sarawak project would be developed jointly by all three parties.
Grab Holdings is part of proposed joint development agreements with SoftBank Group and Petroleum Sarawak Berhad, known as PETROS, for AI infrastructure projects in Malaysia, according to a Law.asia report published Friday, November 13, 2026. The proposed investments across the projects total USD 1.85 billion.
AI infrastructure plans in Malaysia
SoftBank would provide a combined USD 1 billion, while Grab would contribute USD 750 million and PETROS USD 100 million. The Sarawak project represents USD 1 billion of the proposed investment, including USD 800 million from SoftBank and USD 100 million each from Grab and PETROS.
The Peninsular Malaysia project would receive USD 850 million in seed capital. Grab's proposed contribution is USD 650 million, with SoftBank providing the remaining USD 200 million. The facilities are expected to rank among the largest AI infrastructures of their kind in Asia once fully operational.
Grab Holdings stock traded at 2.94 euros on Lang & Schwarz at 22:28 CET on Friday, November 13, 2026. The project plan adds a capital-intensive infrastructure commitment to Grab's existing mobility, delivery and financial-services businesses.
Grab Holdings at a glance
- Company: Grab Holdings
- ISIN: KYG4124C1096
- Primary market: Nasdaq
- Lang & Schwarz quote: 2.94 euros on November 13, 2026 at 22:28 CET
The broader US market setting is covered through the Nasdaq Composite.
