10 Mar 2014

Goubuli Group's acquisition of shares in Global Yellow Pages

Danny Lim and Bernia Tan from the Corporate & Capital Markets Practice are acting for Goubuli Group Co., Ltd. (the "Goubuli Group") in its proposed subscription of up to 300,000,000 new ordinary shares in the capital of mainboard-listed Global Yellow Pages Limited. The aggregate sum for this subscription is up to S$21 million.

"Goubuli (狗不理)" is a well-known food and beverage brand across Asia. Based in Tianjin and Beijing, the Goubuli Group owns a chain of well-known fine dining restaurants in the People's Republic of China and specialises in selling Chinese steamed buns under the brand name "Goubuli (狗不理)", which has a history of over 150 years.