Singapore shares face a cautious start on Wednesday after Greece delayed a decision over the unpopular terms of a new European bailout, taking the edge off investors' appetite for fresh gains.

Benchmark Straits Times Index rose 0.6% to 2,957.78 points on Tuesday. Here are some stocks and factors to watch according to Reuters:

Budget carrier Tiger Airways may be in focus after it said it is beginning a search for a chief executive officer to succeed Chin Yau Seng, who will return to Singapore Airlines.

Global Logistic Properties, which owns warehouses in Japan and China, said it recently signed 86,900 square metres of new and expansion leases in China, achieving a total leased area of about 5.8 million square metres in the country.

First Ship Lease Trust said some subsidiaries of troubled Indonesian shipping company PT Berlian Laju Tanker Tbk had defaulted on their payment obligations for three chemical tankers.

Commodities trader Glencore International plc is raising its stake in Chemoil Energy, a trader in marine fuel products, to 89.04% from 51.54%.

Ground handling firm SATS said its third quarter net profit fell 25% to $38.2 million from a year ago, weighed by a loss on the disposal of its British food business Daniels Group.

Osim International, which makes massage chairs, said its fourth quarter net profit rose 0.8% to $17 million, helped by higher sales.