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

The Manager and corporate governance(viii)(ix)(x)(xi)(xii)(xiii)(xiv)(xv)(xvi)(xvii)(xviii)(xix)(xx)(xxi)(xxii)(xxiii)(xxiv)(xxv)occupancy rates for each property of LMIR Trust;remaining term for each of LMIR Trust’s leasehold properties;amount of Distributable Income held pending distribution;details of assets other than real estate;details of LMIR Trust’s exposure to derivatives;details of LMIR Trust’s investments in other property funds;details of borrowings by the Trustee and other financial accommodation to the Trustee in relationto LMIR Trust;value of the Deposited Property and the NAV of LMIR Trust at the beginning and end of thefinancial year under review;the prices at which the Units were quoted at the beginning and end of the accounting period, andthe highest and lowest prices at which the Units were traded on the SGX-ST during the financialaccounting period;volume of trade in the Units during the accounting period;the aggregate value of all transactions entered into by the Trustee (for and on behalf of LMIR Trust)with an “interested party” (as defined in the Property Funds Guidelines) or with an “interestedperson” (as defined in the Listing Manual) during the financial year under review;total operating expenses of LMIR Trust in respect of the accounting period, including expensespaid to the Manager and interested parties (if any) and the Trustee, and taxation incurred inrelation to LMIR Trust’s properties;historical performance of LMIR Trust, including rental income obtained and occupancy rates foreach property in respect of the accounting period and other various periods of time (e.g. one-year,three-year, five-year or 10-year) and any distributions made;total amount of fees paid to the Trustee;name of the manager of LMIR Trust, together with an indication of the terms and duration of itsappointment and the basis of its remuneration;total amount of fees paid to the Manager and the price(s) of the Units at which they were issued inpart payment thereof;an analysis of realised and unrealised surpluses or losses, stating separately profits and losses asbetween listed and unlisted investments, if applicable; andany extraordinary items.The first annual report will cover the period from the date of constitution of LMIR Trust to 31 December2008.Additionally, the Manager has given an undertaking to the SGX-ST that it will announce LMIR Trust’s NAVper Unit on a quarterly basis. Such announcements will be based on the latest available valuation of LMIRTrust’s real estate and real estate-related assets, which the Manager has undertaken to conduct at leastonce a year. The first such valuation will be conducted by 31 December 2008.RETIREMENT OR REMOVAL OF THE MANAGERThe Manager shall have the power to retire in favour of a corporation approved by the Trustee to act as themanager of LMIR Trust.Also, the Manager may be removed by notice given in writing by the Trustee if:• the Manager goes into liquidation (except a voluntary liquidation for the purpose of reconstruction oramalgamation upon terms previously approved in writing by the Trustee) or a receiver is appointed overits assets or a judicial manager is appointed in respect of the Manager;200