Singapore shares may open higher on Monday after S&P 500 stock index futures rose after the EU and IMF agreed on Sunday to help bail out Ireland with loans to tackle its banking and budget crisis. Singapore’s benchmark Straits Times Index <.FTSTI> fell 0.56% on Friday to 3,197.37 points, say Thomson Reuters and Bloomberg.

Ezra Holdings (EZRA.SI), a Singapore offshore support and marine services provider, said on Monday it will buy four multi-purpose platform supply vessels for US$130 million ($168.4 million). It also said it has secured US$51 million worth of new charters of six vessels to various oil companies for operations in Asia and Australia. The average period for the new charters will exceed two years.

Singapore Exchange (SGXL.SI), Asia’s second-largest listed bourse operator, said on Friday that the US-dollar denominated EURO STOXX 50 futures and options will start trading on its derivatives market on December 6.

Singapore property developer Keppel Land (KLAN.SI) said on Friday it had proposed an issue of $500 million worth of 1.875% convertible bonds due 2015. Goldman Sachs and HSBC are the joint lead managers for the convertible bond issue.

Singapore-listed mobile handset firm Z-Obee Holdings (ZOBE.SI) said on Friday it is expected to list 80 million units of Taiwan Depository Receipts, each representing one share, on the Taiwan Stock Exchange on November 22. The offer price is estimated to be NT$10-NT$12 (42.6–51.2 cents) per share.

Commodity suppliers: The Thomson Reuters/Jefferies CRB Index, which tracks prices of 19 commodities from copper to corn, fell 1.2% in New York on Nov 19. Noble Group (NOBL SP), a Hong Kong-based commodities supplier, was unchanged $2.08. Olam International (OLAM SP), a Singapore-based supplier of agricultural commodities, gained 1.9% to $3.16.

Allgreen Properties (AG SP): The Singapore-based developer controlled by Malaysian billionaire Robert Kuok was raised to “buy” from “sell” at Citigroup Inc. The brokerage increased its share-price estimate for Allgreen to $1.52 from $0.93. The stock slipped 0.8% to $1.18.

Global Logistic Properties (GLP SP): The logistics company whose customers include Wal-Mart China, Deutsche Post AG’s DHL and FedEx Corp. was rated “buy” in new coverage at Citigroup Inc. The brokerage has a share-price estimate of $2.78 for Global Logistics. The shares fell 1.3% to $2.22.

Hongkong Land Holdings (HKL SP): One of the biggest business-district landlords in the Chinese city was raised to “overweight” from “neutral” at JPMorgan Chase & Co. The stock declined 2.8% to $6.85.