P.R. Venkat

Singapore

Real Time Editor at The Wall Street Journal

Bureau Chief WSJ/Dow Jones

Articles

NTT Data Group Plans Key Investor Meetings Ahead of IPO, Sources Say

1 day ago | wsj.com | P.R. Venkat

The initial public offering could raise up to $650 million, but those numbers could change, one of the people saidMeetings with cornerstone investors are likely to start in a week or two, one of the people said. The initial public offering could raise up to US$650 million, but those numbers could change, one of the people said. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Subscribe NowAlready a subscriber? Sign In
Frasers Property Mulls Privatization of Hospitality REIT, Sources Say

1 day ago | wsj.com | P.R. Venkat

Discussions to take Frasers Hospitality Trust private are in the early stages, and a potential deal may or may not materialize, the people saidFrasers Property is planning to make a privatization offer for its Singapore-listed hospitality real-estate investment trust, according to people familiar with the situation. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Subscribe NowAlready a subscriber? Sign In Recommended Videos
EV Battery Giant CATL Plans to Raise Around $4.0 Billion in Hong Kong Listing - Update

2 days ago | morningstar.com | P.R. Venkat |Jiahui Huang

By P.R. Venkat and Jiahui Huang Chinese battery giant Contemporary Amperex Technology is planning to raise as much as US$4.0 billion in the year's biggest listing in Hong Kong, looking to tap the market to fund its expansion overseas. CATL, which supplies batteries to global automakers such as Tesla, will start taking investor orders from Monday, it said in a Hong Kong exchange filing.
宁德时代香港IPO计划融资约40亿美元

2 days ago | cn.wsj.com | P.R. Venkat

宁德时代正计划通过二次上市筹集至多40亿美元资金，这或将是今年香港最大规模的上市交易。宁德时代新能源科技股份有限公司(Contemporary Amperex Technology, 简称：宁德时代)正计划通过二次上市筹集至多40亿美元资金，这或将是今年香港最大规模的上市交易。这家中国电池巨头在提交给香港交易所的一份文件中表示，宁德时代将从周一开始接受投资者认购，并计划总共发行1.1789亿股股票。Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8立即订阅热门文章热门视频
CATL Plans to Raise Around $4.0 Billion in Hong Kong IPO

2 days ago | wsj.com | P.R. Venkat

CATL said it will market shares at an offer price of no more than 263.0 Hong Kong dollars per share, equivalent to US$33.81. The company, which is already listed on the ChiNext board of the Shenzhen Stock Exchange, expects to finalize the IPO price by May 16. Global equity markets are experiencing a lift in risk appetite due to easing tensions, particularly between the U.S. and China.
OCBC 1Q Net Down on Lower Interest Income

5 days ago | tradingview.com | P.R. Venkat

OCBC 1Q Net Down on Lower Interest IncomeO39Oversea-Chinese Banking Corp.'s first-quarter net profit fell due to a decline in interest income and higher provision for allowances in view of the uncertain global economic environment. Profit for the period ended March fell 5% on the year to 1.88 billion Singapore dollars, equivalent to US$1.45 billion, with total income coming in at S$3.66 billion compared with S$3.63 billion a year earlier, OCBC said Friday.
OCBC 1Q Net Down on Lower Interest Income

6 days ago | marketscreener.com | P.R. Venkat

OVERSEA-CHINESE BANKING CORPORATION LIMITED Add to a list Oversea-Chinese Banking Corporation Limited Equities O39 SG1S04926220 Banks Market Closed - Singapore S.E. 05:11:13 2025-05-08 am EDT 5-day change 1st Jan Change 16.16 SGD -0.68% +0.06% -3.18% OCBC 1Q Net Down on Lower Interest Income Published on 05/08/2025 at 17:39 Oversea-Chinese Banking Corp.'s first-quarter net profit fell due to a decline in interest income and higher provision for allowances in view of the uncertain global...
DBS Warns of Trade Risks Ahead After Posting First-Quarter Beat -- Update

6 days ago | ca.marketscreener.com | P.R. Venkat |Amanda Lee

By P.R. Venkat and Amanda Lee DBS Group, Singapore's biggest bank, beat expectations for first-quarter earnings even as it warned that heightened uncertainty due to U.S. tariffs could hit borrowing and investments.
Malaysian Dollar Store Eco-Shop Sets IPO Price at Lower End of Range, Sources Say

6 days ago | wsj.com | P.R. Venkat

It would value the company at close to $1.5 billionMalaysian discount-store retailer Eco-Shop is set to price its initial public offering at the lower end of its guidance range, valuing the company at close to $1.5 billion, people familiar with the situation said. The company is likely to price shares at 1.13 ringgit each, the people said. That would be equivalent to 27 U.S. cents. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved.
DBS Group 1Q Net Fell on Higher Tax Expense

6 days ago | tradingview.com | P.R. Venkat

DBS Group 1Q Net Fell on Higher Tax ExpenseD05DBS Group's first-quarter net profit fell mainly due to higher tax expenses from implementing the 15% global minimum tax. The net profit for the period ending in March fell 2% on year to 2.90 billion Singapore dollars, equivalent to US$2.24 billion, Singapore's largest bank said Thursday. That results beat the S$2.71 billion consensus estimate of analysts polled by Visible Alpha.