Stock futures bounced slightly in overnight trading on Monday as oil prices bounced off their lows following an unprecedented wipeout. Futures on the Dow Jones Industrial Average rose 80 points. S&P 500 futures added 0.3%. The gains came as the more actively-traded June oil contract rebounded by 2%. The May contract, which triggered Monday’s stock sell-off with a bizarre move below zero into negative prices, remained in negative territory.

MAINBOARD-LISTED Interra Resource has entered a conditional subscription agreement that will raise S$2.8 million and give placee Poly Legend International a 9.53 per cent stake of its enlarged issued share capital, the watch-listed petroleum exploration and production firm said on Monday night.

HC Surgical is acquiring a 51 per cent stake in GMH Endoscopy & Surgery Pte Ltd (GMHES) for a total purchase consideration of S$765,000, from GMH Surgical Pte Ltd - which is wholly-owned by Dr Goh - and Dr Goh herself.

KEPPEL Infrastructure Trust (KIT) on Monday declared a distribution per unit (DPU) of 0.93 Singapore cent for the first quarter ended March 31, stable from the same period a year ago.

THE syndicate of lenders for Eagle Hospitality Trust’s (EHT) US$341 million loan has restricted access to several bank accounts of Eagle Hospitality Real Estate Investment Trust’s (EH-Reit) subsidiaries and the Reit's master lessees.

A WHOLLY-OWNED subsidiary of mainboard-listed World Precision Machinery (WPM) has signed a memorandum of understanding (MOU) to sell three Shenyang factory buildings and their associated land to a unit owned by a director, the company said in a bourse filing on Monday.

Source: SGX Masnet, The Business Times, Bloomberg, Channel NewsAsia, Reuters, PSR