Singapore shares are likely to see a weak start on Monday, after Wall Street ended flat as investors turned more cautious ahead of the US Federal Reserve’s policy meeting this week. Singapore’s benchmark Straits Times Index <.FTSTI> rose 0.42% on Friday to 3,142.62 points.

Shares of CapitaLand (CATL.SI), Southeast Asia’s biggest property developer, may be in focus after it posted a 43% fall in quarterly net profit, widely missing expectations, as rental from shopping malls dropped and it booked less revenue from residential sales. On Friday, CapitaLand posted a third quarter net profit of $159.6 million.

Singaporean billionaire Peter Lim on Friday offered to buy Thomson Medical Centre for $513 million, hoping to tap into Asia’s growing healthcare demand. Lim’s investment firm struck the deal with Thomson’s largest shareholder and founder Dr Cheng Wei Chen and his family, at $1.75 a share, representing a 62% premium over Thomson’s last traded price.

Australian Prime Minister Julia Gillard has cautioned critics of the Singapore Exchange’s (SGXL.SI) $10.7 billion takeover of Australia’s ASX (ASX.AX) to respect the due process of the bid, but gave no indication of how she would vote for the deal, the local press reported on Monday.

Eratat Lifestyle (ELFL.SI) said on Monday its second quarter net profit more than doubled to 44.1 million ($8.5 milion) yuan, from 21.2 million yuan a year ago, helped by higher average selling prices for its goods and as it sold more higher margin apparel.