Dial D for dividend and R for return

Yellow Pages (Singapore) makes a strong connection with investors hungry for yield, while returning roughly 300% to the private equity buyers in a year and a half.

Yellow Pages (Singapore) priced a strongly subscribed IPO on Friday despite the prospect of being swamped by far larger deals for the Suntec and Link Reits. The sale of 111 million shares raised S$185 million via bookrunner UBS and joint lead DBS.

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