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

Business and propertiesGrantee) to sell or assign part of the HGB Certificates (owned bythe BOT Grantee) to another party with prior written approvalfrom PD Pariwisata and subject to written approval from theGovernor of West Java.Instead of the transfer of the right of the BOT Agreement, whichrequires the consent of the BOT Grantor, the transfer of theinterest of the BOT agreement may also be conducted throughtransfer of shares of the shareholders of PT Megah SemestaAbadi. The BOT Agreement does not prohibit the transfer ofshares by the shareholders of PT Megah Semesta Abadi.Average Specialty Base Rent as at30 June 2007 (Rp.’000 per sq m permonth) . . . . . . . . . . . . . . . . . . . . . . . 274NPI for Forecast Period 2007,Projection Year 2008 and ProjectionYear 2009 (S$’000) . . . . . . . . . . . . . . Forecast Period 2007—5,668Projection Year 2008—11,756Projection Year 2009—12,811Percentage of contribution to LMIRTrust’s Gross Rent for Forecast Period2007 . . . . . . . . . . . . . . . . . . . . . . . . . 14.4%Notes:(1) Recently completed asset enhancement works have increased the NLA by 3,843 sq m, bringing thetotal NLA to 30,315 sq m.(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”.)164