COMINTEL CORPORATION BHD ("COMCORP OR THE COMPANY")

RENEWABLE ENERGY POWER PURCHASE AGREEMENT ("REPPA") WITH TENAGA NASIONAL BERHAD ("TNB")

We refer to your Company’s announcement dated 12 June 2015, in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

1)      It is noted that the REPPA was entered into on 15 November 2013. In this respect, please provide the reason(s) for the long delay in making the announcement.

2)      The name of directors and the remaining 30% shareholders of Comintel Green Technologies Sdn Bhd (“CGT”) together with their respective shareholdings in CGT.

3)      The actual commencement date of the renewable energy supplied by CGT to TNB given that the scheduled feed-in tariff commencement date fixed by Sustainable Energy Development Authority Malaysia was on 31 May 2015 and the reasons for the delay, if applicable.

4)      The basis to derive at the annual revenue contribution of approximately RM6.67 million.

5)      Total estimated financial commitment required for the renewable energy venture and the source of funds, including the details of financing, where applicable.

6)      The rationale to venture into the renewable energy business.

7)      The prospects of biomass and/or renewable energy industry in Malaysia.

8)      The risk factors of biomass and/or renewable energy businesses, including but not limited to business risk, competition risk, financial risk and its mitigation factors.

9)      Whether the CGT’s venture into renewable energy business will signify a diversification pursuant to Paragraph 10.13 of the Main Market Listing Requirements and whether the aforesaid venture requires the shareholders’ approval.

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

Yours faithfully,
HENG TECK HENG
Vice President, Issuers,
Listing Division, Regulation
IJ/TEK

Cc : Market Surveillance Dept. , Securities Commission (via fax)