Singapore shares may trade higher on Monday while investors digest China’s latest move to cap inflation and mop up excess liquidity in the economy. Singapore’s benchmark Straits Times Index fell 0.77% on Friday to 3,185.42 points. Here are some stocks and factors to watch, say Bloomberg and Thomson Reuters:

Wilmar International (WIL SP): The world’s biggest palm-oil trader said the High Court of Ghana dismissed a petition blocking its proposed purchase of a 58.45% stake in Benso Oil Palm Plantation. The company will proceed with the acquisition once it receives regulatory approvals, it said. Wilmar fell 0.3% to $5.95.

Shares of Popular Holdings (POPU.SI), which owns bookstores, may be in focus after it said its net profit for the three months ended Oct 31 rose 87% to $2.6 million, up from $1.4 million a year earlier, helped by better sales from its retail and distribution business.

China Animal Healthcare (CAHC.SI), which makes drugs for livestock, said it has received approval from the Hong Kong stock exchange to list its shares on the bourse, which will start trading on Dec 21.