Global Yellow Pages Limited provided earnings guidance for the first quarter ended June 30, 2015. For the period, the group expected to report a loss for the financial period ended June 30, 2015. The expected loss is attributable to the impairment in trademarks with indefinite useful life, amounting to approximately SGD 45.1 million; and impairment in the investments in associated company, Yamada Green Resources Limited, amounting to approximately SGD 21.7 million, comprising of 108,133,305 ordinary shares in the capital of Yamada held by the company.