Singapore shares may open slightly higher on Thursday, boosted by higher Wall Street indices overnight and as the S&P 500 heads for its best December in nearly two decades. Singapore’s benchmark Straits Times Index <.FTSTI> was  up 0.76% on Wednesday to 3,207.91 points. Here are some stocks and factors to watch:

Wilmar International (WLIL.SI), the world’s largest listed palm oil firm, may be in focus after it said on Wednesday it will submit a joint bid to buy the land use  rights for six sites in China’s northern province of Liaoning.

Singapore Press Holdings (SPH) (SPRM.SI) is eyeing further investments in real estate, in particular shopping malls that will provide recurring income, but media will remain the firm’s core business, its chief financial officer told Reuters in an interview.

Information technology services firm Armada Group (ARMA.SI) said on Wednesday it is mulling a potential acquisition of a Chinese company and expects to complete the negotiations before the Chinese New Year in February.

Marine electrical products supplier BH Global Marine’s (BHGM.SI) subsidiary has signed a memorandum of understanding with  Italian company IMESA, which designs and makes marine remote  control distribution systems, to explore opportunities to work together on a project basis.

Kingsmen Creatives (KMEN.SI) said Simon Ong, its group managing director has been appointed chief executive officer, while Executive Chairman Benedict Soh will step down from day-to-day management of the firm.