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PHINMA Energy Corporation

Company Description
PHINMA Energy Corporation (PHEN), formerly Trans-Asia Oil and Energy Development Corporation, was established and incorporated by the Philippine Investment Management (PHINMA), Inc. on September 8, 1969. PHEN is engaged primarily in power generation and supply, with secondary investments in petroleum and geothermal exploration. On August 22, 2016, the Securities and Exchange Commission approved the change in corporate name to the present one.

PHEN is engaged in power generation and trading, oil and mineral exploration, development and production. The Company was registered as a wholesale aggregator and is a licensed retail electricity supplier (RES). As a RES, the Company is allowed to supply electricity to the contestable market. Other activities of PHEN include investments in various operating companies and financial instruments.

As of December 2017, the Company's wholly-owned subsidiaries are Phinma Renewable Energy Corporation; CIP II Power Corporation; One Subic Oil Distribution Corp.; One Subic Power Generation Corporation; Phinma Power Generation Corporation; and Phinma Solar Energy Corproation. The Company also stakes in Phinma Petroleum and Geothermal, Inc.; Palawan55 Exploration & Production Corporation; South Luzon Thermal Energy Corporation; ACTA Power Corporation; and Maibarara Geothermal, Inc.

Source: SEC Form 17-A (2017)
Security Information
Sector Industrial
Subsector Electricity, Energy, Power & Water
Corporate Life 50
Incorporation Date Sep 08, 1969
Number of Directors 11
Stockholders' Meeting as per By-Laws April - any day at 3 pm
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip, Gorres, Velayo & Company
Transfer Agent Stock Transfer Service, Inc.
Contact Information
Business Address 11th Floor, Phinma Plaza, 39 Plaza Drive, Rockwell Center, Makati City
E-mail Address
Telephone Number (632) 870-0100
Fax Number (632) 870-0433