LMIRT Capital Pte Ltd
Trust Structure
The following diagram illustrates the relationships
between LMIR Trust and its subsidiaries, the Manager,
the Trustee, the Master Lessee, the Property Manager
AND THE 5NITHOLDERS
PT. Lippo Malls Indonesia
(the “Property Manager”)
HSBC
Institutional Trust
Services (Singapore)
Limited
(the “Trustee”)
LMIRT
Management Ltd
(the “Manager”)
Unitholders
Holdings of Units
Distributions
Act on behalf of
Unitholders
Trustee’s Fees
Management
Fees
Management
Services
Fund Raising
Administration
Fee
7 Retail Space
Singapore SPCs
35 Retail Mall
Singapore SPCs
18 Indonesian SPCs
7 Indonesian SPCs
Tenants
Retail Mall
Assets
Retail Space
Assets
Singapore
Indonesia
Ownership of ordinary and
redeemable preference
shares
Ownership and
shareholders’
loans
Rental
payments
Rental
payments
Tenancy
agreements
Master Lease
Agreements
Property
management
services &
coordinator
facilities
management
services
Ownership and
shareholders’
loans
Ownership of ordinary and
redeemable preference
shares
Dividends and/
or redemption
proceeds
Dividends, interest
income and principal
repayment of
shareholders’ loans
Dividends, interest
income and principal
repayment of
shareholders’ loans
Dividends and/
or redemption
proceeds
Property management fees
Property management fees
Property management agreements
Property management agreements
100.0%
ownership
100.0%
ownership
PT. Matahari Putra
Prima Tbk/
PT. Multipolar Tbk
(the “Master Lessees”)
15
LIPPO MALLS INDONESIA RETAIL TRUST ANNUAL REPORT 2014
