SINGAPORE - Catch up on the morning's top business headlines in Singapore with The Straits Times Money Desk's daily update.

1. 1. Wheelock Properties; Ong Beng Seng raise offer price again for Hotel Properties; to $4.05 per share. The consortium is planning to take Hotel Properties private.

2. CapitaLand's stake in CapitaMalls Asia rises to 85.2% as at May 26. CapitaLand's offer for CapitaMalls Asia closes on June 9.