President Donald Trump campaigned in Georgia on Saturday for two Republican senators at a rally that some in his party feared could end up hurting, not helping, their chances by focusing on his efforts to reverse his own election defeat. In his first rally appearance since he lost to Democrat Joe Biden in the Nov 3 presidential contest, Mr Trump reminded the chanting crowd that he came to southern Georgia to persuade them to vote Republican in runoffs on Jan 5. But he quickly turned to his repeated claims, made without evidence, of widespread fraud in the presidential election.

"They cheated and rigged our presidential election but we'll still win it. And they are going to try to rig this election too," Mr Trump told the crowd in Valdosta, who chanted "We love you!" and "Four More Years!"

FELS Offshore, a wholly-owned unit of Keppel Corp, has entered a lock-up agreement for a proposed restructuring of offshore vessel player Floatel, the mainboard-listed company said in a Saturday bourse filing. Floatel is 49.92 per cent-owned by FELS Offshore. The lock-up agreement includes an ad hoc group (AHG) of holders of US$400 million worth of Floatel's 9 per cent senior secured first lien (1L) bonds, as well as other consenting 1L bondholders who control over 56 per cent by value of the bonds.

Mindchamps PreSchool Singapore, a unit of enrichment and childcare service provider MindChamps, has entered an agreement to sell one of its preschools for S$800,000 in cash, the mainboard-listed firm announced in a Saturday bourse filing.

Keppel FELS has terminated a US$425 million contract from Awilco Drilling to build a mid-water drilling rig, the mainboard-listed parent firm Keppel said in a Friday night bourse filing. Keppel FELS has assessed that the Awilco Drilling unit it signed the contract with will not be able to make its second instalment payment due in March 2021. The parties had entered the contract in March 2019.

Austroid Corp, the secured creditor of Alita Corp, has appointed a voluntary administrator to potentially restructure the Catalist-listed firm, a Saturday bourse filing reveals. The administrator, Robert Kirman, is "currently making an urgent assessment of the group's position with a view to undertaking a restructure or recapitalisation of the group", the filing states.

The Australian unit of The Hour Glass has entered an agreement to acquire a freehold property located at 139 Collins Street in Melbourne, Australia, the mainboard-listed company announced in a bourse filing on Friday night. The property is a four-storey retail and commercial office building, with a basement carpark, occupying a site area of about 563 sq m. The seller is a company called Jarema.

A blank-check firm led by billionaire Bill Foley is nearing a deal to merge with Paysafe Group, a transaction that would take public the online payments firm backed by Blackstone Group Inc. and CVC Capital Partners, according to people with knowledge of the matter. A deal featuring Foley Trasimene Acquisition Corp. II and Paysafe is slated to create an entity valued at about US$9 billion, including debt, said the people, who asked not to be identified because the details are private.

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