C00184-2017

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Jan 11, 2017
2. SEC Identification Number
069039274
3. BIR Tax Identification No.
000506020
4. Exact name of issuer as specified in its charter
PHINMA Energy Corporation
5. Province, country or other jurisdiction of incorporation
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Level 11, Phinma Plaza, 39 Plaza Drive, Rockwell Center, Makati City Postal Code 1200
8. Issuer's telephone number, including area code
632 8700 100
9. Former name or former address, if changed since last report
Trans-Asia Oil and Energy Development Corporation
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common 4,885,897,908
11. Indicate the item numbers reported herein
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The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

PHINMA Energy CorporationPHEN

PSE Disclosure Form 16-1- Update on Corporate Actions/
Material Transactions/Agreements References: SRC Rule 17 (SEC Form 17-C) and
Section 16 of the Revised Disclosure Rules

Subject of the Disclosure

1) Full payment of balance of 750 M preferred shares in Trans-Asia Renewable Energy Corporation in the aggregate amount of P750 M
2) Subscription and payment of 1.6 B preferred shares in Trans-Asia Renewable Energy Corporation in the amount of P1.6 B

Background/Description of the Disclosure

PHINMA Energy Corporation (“the Corporation”) subscribed to, and paid for 2.35 B preferred shares in Trans-Asia Renewable Energy Corporation (“TAREC”), a wholly-owned subsidiary, for the total amount of P2.35 B at P1.00/share.

On January 5, 2017 the Corporation subscribed to 750 M preferred TAREC shares wherein 25% of which was paid on the same date amounting to Php 187.5 M with the balance of Php 562.5 M paid on 11 January 2017.

On January 11, 2017 the Corporation subscribed to 1.6 Billion preferred TAREC shares and paid in full the amount of Php1.6 Billion.

Other Relevant Information

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Filed on behalf by:
Name Cecille Arenillo
Designation Compliance Officer