Singapore Post (SingPost) has reportedly put its 14-storey landmark headquarters building next to Paya Lebar MRT Station for sale at around $850m based on the existing use of Singapore Post Centre. SingPost is expected to lease back the space it currently occupies.

Albedo has entered into a reverse takeover deal to buy up all of HealthTrends Medical Investments, a regional healthcare enterprise providing integrative medical, aesthetics and wellness care services, by issuing new shares at $0.25 apiece with a total value of up to $400m.

KS Energy is proposing a 2-for-5 rights issue at $1.60 per rts share to raise up to $174m, which will be used to expand its fleet of oil rigs to meet fast-growing market demand.