Untitled - Mapletree Logistics Trust

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6 Changi South Lane Singapore 486400 Property use Third Party Logistics Title Leasehold estate of 30 + 30 years expiring 31 December 2054 Description A four-storey logistics building. Issue of Certificate of Statutory Completion 1997 Occupancy 100.0% Land area 11,714.0 sq m GFA 14,523.9 sq m Lettable Area 14,523.9 sq m Tenant Boustead Projects Pte Ltd Appraised Value (2) Gross Revenue contribution for the month ended 31 May 2005 S$13.5 million 4.1% TIC Tech Centre 25 Pandan Crescent, Singapore 128477 Property use Third Party Logistics Title Leasehold estate of 30 + 30 years expiring 15 May 2056 Description A six-storey light industrial cum office building and a five-storey warehousing facility. Issue of Certificate of Statutory Completion 1999 Occupancy 90.5% Land area 19,141.4 sq m GFA 37,395.0 sq m Lettable Area 30,758.0 sq m Tenants Multiple tenants, with the main tenant (Teckwah Industrial Corporation Ltd) occupying 83.7% of the Lettable Area as at 31 May 2005 Appraised Value (2) S$52.5 million Gross Revenue contribution for the month ended 31 May 2005 15.0% 12
Lifung Centre 5B Toh Guan Road East, Singapore 608829 Property use Third Party Logistics Title Leasehold estate of 30 + 30 years expiring 30 November 2050 Description A three-storey warehouse and office complex with two mezzanine floors. Issue of Certificate of Statutory Completion 1995 Occupancy 100.0% Land area 25,391.9 sq m GFA 23,628.6 sq m Lettable Area 23,628.6 sq m Tenant IDS Logistics Services Pte Ltd Appraised Value (2) Gross Revenue contribution for the month ended 31 May 2005 S$24.5 million 5.4% 21/23 Benoi Sector Singapore 629856 Property use Distribution Centre Title Leasehold estate of 30 + 30 years expiring 15 February 2040 Description A part single and part two-storey office cum warehouse, two single-storey factories cum warehouses, a part single and part two-storey warehouse cum office with ancillary lean-to shed and an adjoining single-storey warehouse extension, as well as a new single-storey warehouse. Issue of Certificate of Statutory Completion (3) 1998 (Block A) 1987 (Block B) 1982 (Block C) 1984 (Block D) Occupancy 100.0% Land area 36,985.2 sq m GFA (4) Lettable Area (4) 22,519.0 sq m 22,519.0 sq m Tenant DG Logistik Pte. Ltd. Appraised Value (2) S$27.5 million Gross Revenue contribution for the month ended 31 May 2005 6.0% 13
Page 6 and 7: 7 9 6 5 13 14 12 11 8 15 4
Page 9 and 10: NOTICE TO INVESTORS No person is au
Page 11 and 12: FORWARD-LOOKING STATEMENTS Certain
Page 13 and 14: MARKET AND INDUSTRY INFORMATION Thi
Page 15 and 16: SUMMARY The following summary is qu
Page 17 and 18: (12) MLT holds the remainder of a 3
Page 19 and 20: The following table illustrates the
Page 21 and 22: which, on an annualised basis, is e
Page 23 and 24: the Listing Date, the Sienna Units
Page 25: 60 Alps Avenue Singapore 498815 Pro
Page 29 and 30: CIAS Flight Kitchen 50 Airport Boul
Page 31 and 32: 531 Bukit Batok Street 23 Singapore
Page 33 and 34: STRUCTURE OF MLT The following diag
Page 35 and 36: The Sponsor: Mapletree Investments
Page 37 and 38: Payable by MLT Amount payable (iv)
Page 39 and 40: The Offering MLT MLT is a real esta
Page 41 and 42: and including the Listing Date in r
Page 43 and 44: efunded (without interest or any sh
Page 45 and 46: Forecast and Projected Statements o
Page 47 and 48: The properties in MLT’s initial p
Page 49 and 50: such other properties and other ter
Page 51 and 52: would increase, which would adverse
Page 53 and 54: ) acts of God, wars, terrorist atta
Page 55 and 56: premium of approximately 22.4% to t
Page 57 and 58: Although it is currently intended t
Page 59 and 60: USE OF PROCEEDS The Manager intends
Page 61 and 62: Units to be Issued to MLPPL, MPL an
Page 63 and 64: DISTRIBUTIONS MLT’s distribution
Page 65 and 66: CAPITALISATION The following table
Page 67 and 68: Unaudited Pro Forma (1) (S$’000)
Page 69 and 70: Forecast and Projected Statements o
Page 71 and 72: (I) Gross Revenue Gross Revenue com
Page 73 and 74: and (iii) where MLT is responsible
Page 75 and 76: Any subsequent write-down of the va
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Borrowing Costs Changes in borrowin
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Acquisition Growth Strategy The Man
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) Tenant credit quality The Manager
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The Manager will consider diversify
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Changi Airport and the Seletar Airp
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) Diverse tenant trade sectors The
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Gross Revenue The Properties genera
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Occupancy The Properties have a wei
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(10) The tenant has an option to re
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The ALPS is the only logistics FTZ
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Tenant Information 70 Alps Avenue h
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61 Alps Avenue Singapore 498798 Des
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25 Pandan Crescent Singapore 128477
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5B Toh Guan Road East Singapore 608
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21 Serangoon North Avenue 5 Singapo
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50 Airport Boulevard Singapore 8196
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Description Pulau Sebarok Pulau Seb
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531 Bukit Batok Street 23 Singapore
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11 Tai Seng Link Singapore 534182 D
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Trade in Asia Asia accounted for 26
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Zones Within Asia-Pacific Europe-As
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Source: Armstrong & Associates, 200
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Logistics Market Overview Singapore
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The Free Trade Zones near Changi In
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Singapore Warehouse Market Review I
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The map below depicts the five plan
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10-year historical average of 173,7
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capital values are therefore likely
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Food and Cold Storage Logistics Pro
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Regional Logistics Market Overview
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5.1%, which was the second fastest
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India Overview of the Economy The I
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which operate similarly to free tra
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With such government support reduci
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The Manager of MLT THE MANAGER AND
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Prior to joining Mapletree Investme
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Management Reporting Structure of t
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esponsible for setting up and devel
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Mr Chan started his career at the I
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Mrs Lee, a registered architect, ho
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the written consent of the Trustee,
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(xviii) total operating expenses of
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on which it acquires or disposes of
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The aggregate value of all Related
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THE SPONSOR The Sponsor, Mapletree
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THE FORMATION AND STRUCTURE OF MAPL
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the period of 10 Business Days imme
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suspension is authorised (as set ou
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) by Extraordinary Resolution and i
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The Trustee may, subject to the pro
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CERTAIN AGREEMENTS RELATING TO MAPL
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granting a licence or parting with
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) after the Prohibition Period, the
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on the same rent and other terms, c
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Principal terms of State Lease No.
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JTC has entered into a building agr
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The lessee may, however, sublet the
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) IDS’ parent company, IDS Group
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) in granting its consent relating
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apportioned between Mapletree Trust
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per annum on the sum of S$5.0 milli
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granting a licence or parting with
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day. It is intended that the call o
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exceeding 0.24. The lessee shall no
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the monies received by virtue of th
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) the lessee shall not change the u
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On completion of the sale and purch
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other causes beyond the control of
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e equivalent to the value of the bu
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(ii) obtained all the temporary occ
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Principal terms of the Driveway Lan
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Property, all fittings, fixtures an
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) where the proposed annual value i
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action, cost, claim, damage, expens
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TAXATION The following summary of c
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Non-individuals Non-individual Unit
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Nominee Unitholders ) Taxable incom
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PLAN OF DISTRIBUTION The Manager is
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(adjusted for any bonus issue or su
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Each Underwriter has represented an
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Units may only be offered in Austra
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Introduction CLEARANCE AND SETTLEME
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GENERAL INFORMATION (1) The profit
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(g) the separate agreements relatin
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DBS Bank DBS Bank Ltd Deposited Pro
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Joint Financial Advisers, Underwrit
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Price Determination Date 22 July 20
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Third Party Properties 70 Alps Aven
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necessarily occur) are more subject
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In our opinion: (A) the Unaudited P
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) Many of the Properties (70 Alps A
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Unaudited Audited Pro Forma Financi
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(iv) Trade and other payables Adjus
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(F) NOTES TO THE UNAUDITED PRO FORM
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(ii) Manager’s management fees Ma
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Term of Remaining Percentage Descri
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7. Interest-bearing Borrowings Pro
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Fair values The Manager believes th
Page 277 and 278:
INDEPENDENT PROPERTY VALUATION SUMM
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VALUATION CERTIFICATE Address of Pr
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VALUATION CERTIFICATE Address of Pr
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VALUATION CERTIFICATE Date of Valua
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Page 287 and 288:
Page 289 and 290:
5B Toh Guan Road East Singapore 608
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21 & 23 Benoi Sector Singapore 6298
Page 293 and 294:
Page 295 and 296:
Page 297 and 298:
37 Penjuru Lane Singapore 609215 20
Page 299 and 300:
50 Airport Boulevard Singapore 8196
Page 301 and 302:
201 Keppel Road Singapore 099419 Gr
Page 303 and 304:
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1, 3, 5 & Vacant Land at Pulau Seba
Page 307 and 308:
Page 309 and 310:
Page 311 and 312:
Page 313 and 314:
APPENDIX IV INDEPENDENT LOGISTICS P
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1 Introduction Mapletree Logistics
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Source: WTO, CB Richard Ellis Intra
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The growth expectation in air freig
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2.6 Logistics cost breakdown Logist
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3.3.1 Singapore: A Logistics Hub Wi
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The ALPS, a 26-ha development, had
Page 327 and 328:
products on a regional basis from S
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Known Future Private Warehouse Supp
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At the end of the first quarter of
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MLT’s property portfolio can be c
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5.2 Portfolio Analysis The table be
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need to rely on export industries.
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(12%), with support services includ
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site after months of delay. The sec
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6.2 Hong Kong 6.2.1 Overview of the
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6.2.4 Key infrastructure nodes Most
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With a view to strengthening Hong K
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Malaysia is located at the crossroa
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Port of Tanjung Pelepas The Port of
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Recent Sale Transactions Land Area
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6.4.4 Key players in the logistics
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Vizag Vizag is located in Andhra Pr
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Export turnover grew to US$26.0 bil
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Industrial/ Indicative Land Rental
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6.6.4 Key infrastructure nodes Thai
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Transport, the number of shipping c
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6.8 Philippines 6.8.1 Overview of t
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Prospects for the logistics sector
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In Vietnam, Foreign Direct Investme
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Also, under the current Singapore i
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and not for trading purposes. There
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partnership in Singapore or from th
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DECLARATION FOR SINGAPORE TAX PURPO
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DECLARATION FOR SINGAPORE TAX PURPO
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APPENDIX VI TERMS, CONDITIONS AND P
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(13) Subject to paragraph 17 below,
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(24) Acceptance of applications wil
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An applicant applying for 1,000 Uni
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Procedures Relating to Applications
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Additional Terms and Conditions for
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(c) Cash and CPF Funds — You may
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Offering, PROVIDED THAT the remitta
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Steps for ATM Electronic Applicatio
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Steps for Internet Electronic Appli
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Terms and Conditions for Use of CPF
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(d) Deposited property means the va
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(iv) the details of the valuations
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(d) Government securities (issued o
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is contracting with and other facto
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asis. For this purpose, no redempti
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(j) where the property fund is list
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APPENDIX VIII LIST OF PRESENT AND P
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(6) MR HIEW YOON KHONG Current Dire
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(7) MR TAN BOON LEONG Current Direc
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(8) MR CHUA TIOW CHYE Current Direc
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(B) EXECUTIVE OFFICERS OF THE MANAG
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INDEPENDENT REPORTING ACCOUNTANTS I
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