Grab Invests Rp 361 Billion to Boost Superbank Stake

JAKARTA, Investortrust.id — PT Super Bank Indonesia Tbk or SUPA said Grab Holdings, through its subsidiary A5-DB Holdings Pte Ltd, has purchased 357.07 million shares in February 2026 to raise its ownership, the company announced on Monday, Feb 24, 2026 in Jakarta. The transactions were valued at Rp 361.00 billion, equal to $22.4 million, and increased Grab’s stake from 13.23% to 14.29%.

The purchases were conducted in stages through direct ownership without any repurchase agreement scheme and were classified as common shares. The company said the transaction was aimed purely at investment.

The first tranche was executed on Feb 6, 2026 with the acquisition of 158.07 million shares at Rp 899 per share, totaling Rp 142.10 billion. Grab then bought 79 million shares at Rp 1,100 per share on Feb 18, 2026, worth Rp 86.90 billion.

The final tranche took place on Feb 23, 2026, when Grab acquired 120 million shares at Rp 1,100 per share, amounting to Rp 132.00 billion. The accumulation further strengthened Grab’s strategic position in the digital banking lender.

Earlier, A5-DB Holdings Pte Ltd had injected Rp 667.38 billion, equal to $41.4 million, to acquire 724.17 million shares, equivalent to a 2.13% stake, between Jan 27 and Feb 5, 2026. Those purchases were also carried out in multiple transactions at varying prices.

On Jan 28, 2026, Grab bought 76.8 million shares at Rp 927 per share, followed by 62 million shares at Rp 960 on Jan 30. The company then acquired 77 million shares at Rp 846 per share on Feb 2.

The buying spree continued with 150.30 million shares purchased at Rp 892 on Feb 3, 185.27 million shares at Rp 909 on Feb 4, and 102.12 million shares at Rp 937 on Feb 5, 2026. The steady accumulation signaled Grab’s long-term commitment to expanding its footprint in Indonesia’s digital banking sector.