Khazanah’s boo-boo becomes Singapore’s gain

LocalBusiness & Finance
25 May 2025 • 10:36 AM MYT
Daily Express
Daily Express

Daily Express Online (Malaysia) is Sabah's top-ranked & most viewed English news site. It is also Sabah's leading & most circulated daily English newspaper.

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By: David Thien

DONGGONGON: Malaysia learnt a bitter lesson when Khazanah Nasional Bhd turned down two enterprising Chinese Harvard students who sought funding for their start-up a decade ago.

Dejected, they turned to Singapore which saw the global potential of the MyTeksi app.

They divulged to solve Malaysia’s unreliable and sometimes unsafe taxi services.

window.googletag = window.googletag || {cmd: []};googletag.cmd.push(function() {googletag.defineSlot('/22826383987/dailyexpress_inline', [1, 1], 'gpt-passback').addService(googletag.pubads());googletag.enableServices();googletag.display('gpt-passback');});What resulted in 2012 was Grab Holdings which earned founders Anthony Tan and Tan Hooi Ling global fame.

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