Corporate digest

Global Yellow Pages

GLOBAL Yellow Pages (GYP) on Friday announced that it has entered into a variation agreement to reduce the acquisition price for a plot of land in New Zealand. GYP's subsidiary, Bellfield Estate Limited (BEL), had previously signed a conditional agreement in September this year to buy the plot of land in Papakura, New Zealand, from Motleon Limited, for NZ$38 million (S$37.3 million). The purchase price is being reduced to NZ$36 million.

Swiber Holdings