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LIPPO MALLS INDONESIA RETAIL TRUST ANNUAL REPORT 2014
Trustee’s Report
HSBC Institutional Trust Services (Singapore) Limited (the “Trustee”) is under a duty to take into custody and hold the assets
of Lippo Malls Indonesia Retail Trust (the “Trust”) and its subsidiaries (the “Group”) in trust for the holders (“unitholders”).
In accordance with the Securities and Futures Act, Chapter 289 of Singapore, its subsidiary legislation and the Code on
Collective Investment Schemes, the Trustee shall monitor the activities of LMIRT Management Ltd (the “Manager”) for
compliance with the limitations imposed on the investment and borrowing powers as set out in the Trust Deed dated
8 August 2007 (as amended by the First Supplemental Deed dated 18 October 2007 and the Second Supplemental
Deed dated 21 July 2010) between the Manager and the Trustee in each annual financial reporting year and report thereon
to unitholders in an annual report.
To the best knowledge of the Trustee, the Manager has, in all material respects, managed the Trust during the financial
reporting year 2014 covered by these financial statements, set out on pages 55 to 124 in accordance with the limitations
imposed on the investment and borrowing powers set out in the Trust Deed.
For and on behalf of the Trustee,
HSBC Institutional Trust Services (Singapore) Limited
Antony Wade Lewis
Director
Singapore
25 March 2015
