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

Use of proceedsThe Manager intends to raise an aggregate of approximately S$848.3 million (based on the Offering Price)from the Offering as well as from the issuance of Cornerstone Units.The Manager intends to apply the total proceeds from the Offering and from the issuance of CornerstoneUnits towards the following:(i) payment of the purchase consideration to the Vendors for the acquisition of all of the ordinary sharesand redeemable preference shares in the Target Singapore SPCs at completion under the SingaporeSPC Share Purchase Agreements; and(ii) costs and expenses related to the Offering, and the issuance of the Cornerstone Units.The following tables, included for the purpose of illustration, set out the intended source and application ofthe total proceeds from the Offering and from the issuance of the Cornerstone Units.Based on the Offering Price and estimated issue costs and expenses of the Offering, and assuming thatthe Over-allotment Option has not been exercised:Source (S$) Application (S$)Units under the Offering. . . . . . . . 516,375,200 Acquisition of all the ordinaryshares and redeemablepreference shares in the TargetSingapore SPCs . . . . . . . . . . . . . 815,529,280Cornerstone Units . . . . . . . . . . . . 331,956,000 Issue costs and expenses relatedto the Offering . . . . . . . . . . . . . . . 32,801,920Total ...................... 848,331,200 Total 848,331,20088