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LIPPO-MAPLETREE - Lippo Malls Indonesia Retail Trust - Investor ...

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Risk factors• broad market fluctuations, including weakness of the equity market and increases in interest rates.For these and other reasons, the Units may trade at prices that are higher or lower than the NAV per Unit.To the extent that LMIR <strong>Trust</strong> retains operating cash flow for investment purposes, working capitalreserves or other purposes, these retained funds, while increasing the value of its underlying assets, maynot correspondingly increase the market price of the Units. Any failure on LMIR <strong>Trust</strong>’s part to meet marketexpectations with regard to future earnings and cash distributions may adversely affect the market price forthe Units.In addition, the Units are not capital-safe products and there is no guarantee that Unitholders can regainthe amount invested. If LMIR <strong>Trust</strong> is terminated or liquidated, it is possible that investors may lose a part orall of their investment in the Units.LMIR <strong>Trust</strong> may be affected by the introduction of new or revised legislation, regulations,guidelines or directives affecting REITs.LMIR <strong>Trust</strong> may be affected by the introduction of new or revised legislation, regulations, guidelines ordirectives affecting REITs. There is no assurance that the MAS or any other relevant authority will notintroduce new legislation, regulations, guidelines or directions which would adversely affect REITsgenerally, or LMIR <strong>Trust</strong> specifically.87

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