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

General information(1) The profit forecast and profit projection contained in “Profit Forecast and Profit Projection” have beenstated by the Directors after due and careful enquiry.(2) There are no legal or arbitration proceedings pending or, so far as the Directors are aware,threatened against the Manager the outcome of which, in the opinion of the Directors, may haveor have had during the 12 months prior to the date of this Prospectus, a material adverse effect on thefinancial position of the Manager.(3) There are no legal or arbitration proceedings pending or, so far as the Directors are aware,threatened against LMIR Trust the outcome of which, in the opinion of the Directors, may haveor have had during the 12 months prior to the date of this Prospectus, a material adverse effect on thefinancial position (on a pro forma consolidated basis) of LMIR Trust.(4) The name, age and address of each of the Directors are set out in “The Manager and CorporateGovernance—The Manager of LMIR Trust—Directors of the Manager”. A list of the present and pastdirectorships of each Director and Executive Officer of the Manager over the last five years precedingthe Latest Practicable Date is set out in “Appendix H—List of Present and Past PrincipalDirectorships of Directors and Executive Officers”.(5) There is no family relationship among the Directors and executive officers of the Manager.(6) None of the Directors or executive officers of the Manager is or was involved in any of the followingevents:• at any time during the last 10 years, an application or a petition under any bankruptcy laws of anyjurisdiction filed against him or against a partnership of which he was a partner at the time when hewas a partner or at any time within two years from the date he ceased to be a partner;• at any time during the last 10 years, an application or a petition under any law of any jurisdictionfiled against an entity (not being a partnership) of which he was a director or an equivalent personor a key executive, at the time when he was a director or an equivalent person or a key executive ofthat entity or at any time within two years from the date he ceased to be a director or an equivalentperson or a key executive of that entity, for the winding up or dissolution of that entity or, where thatentity is the trustee of a business trust, that business trust, on the ground of insolvency;• any unsatisfied judgment against him;• a conviction of any offence, in Singapore or elsewhere, involving fraud or dishonesty which ispunishable with imprisonment, or has been the subject of any criminal proceedings (including anypending criminal proceedings of which he is aware) for such purpose;• a conviction of any offence, in Singapore or elsewhere, involving a breach of any law or regulatoryrequirement that relates to the securities or futures industry in Singapore or elsewhere, or hasbeen the subject of any criminal proceedings (including any pending criminal proceedings of whichhe is aware) for such breach;• at any time during the last 10 years, judgment been entered against him in any civil proceedings inSingapore or elsewhere involving a breach of any law or regulatory requirement that relates to thesecurities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation ordishonesty on his part, or any civil proceedings (including any pending civil proceedings of whichhe is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part;• a conviction in Singapore or elsewhere of any offence in connection with the formation ormanagement of any entity or business trust;• disqualification from acting as a director or an equivalent person of any entity (including the trusteeof a business trust), or from taking part directly or indirectly in the management of any entity orbusiness trust;• any order, judgment or ruling of any court, tribunal or governmental body permanently ortemporarily enjoining him from engaging in any type of business practice or activity;267