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

Business and propertiesInstead of the transfer of the right of the BOT Agreement, whichrequires consent from the BOT Grantor, the transfer of the interestof the BOT agreement may also be conducted through transfer ofshares of the shareholders of PT Primatama Nusa Indah. TheBOT Agreement does not prohibit the transfer of shares by theshareholders of PT Primatama Nusa Indah.Since PT Primatama Nusa Indah does not own the land on whichThe Plaza Semanggi is situated, it cannot transfer or encumberthe land.Average Specialty Base Rent as at30 June 2007 (Rp.’000 per sq m permonth) . . . . . . . . . . . . . . . . . . . . . . . 119NPI for Forecast Period 2007,Projection Year 2008 and ProjectionYear 2009 (S$’000) . . . . . . . . . . . . . . Forecast Period 2007—8,572Projection Year 2008—17,356Projection Year 2009—18,274Percentage of contribution to LMIRTrust’s Gross Rent for Forecast Period2007 . . . . . . . . . . . . . . . . . . . . . . . . . 20.4%Notes:(1) Current ongoing asset enhancement works to include a new alfresco café area called the “Plangi onthe Sky” café will increase NLA by an estimated 3,000 sq m, bringing total NLA to approximately61,685 sq m by the end of 2007.(2) The figure comprises the number of households within the primary trade area of the relevant RetailMall. (See “Appendix F—Independent Report on the Indonesian Retail Property Market”.)148