C00626-2017

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)
Feb 6, 2017
2. SEC Identification Number
069-039274
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
Metro Manila
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
8700100
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 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Clarification of news article entitled “Phinma Energy defers building 900-MW coal-fired power plant in Sual, Pangasinan” that appeared in the BusinessMirror (Internet Edition) dated February 5, 2017.

Source BusinessMirror (Internet Edition)
Subject of News Report Plans for coal-fired power plant in Sual, Pangasinan
Date of Publication Feb 5, 2017
Clarification of News Report

This is in reply to your request for clarification of the news article article entitled “Phinma Energy defers building 900-MW coal-fired power plant in Sual, Pangasinan” that appeared in BusinessMirror (Internet Edition) on February 5, 2017. The article reported in part that:

“PHINMA Energy Corp. has deferred plans to put up a 900-megawatt (MW) coal-fired power plant in Sual, Pangasinan.

‘Deferred. Maraming supply. Who knows that by 2020 we may go for it?’ Phinma Energy President Francisco Viray said.

He said the company might revisit plans to push through with the power project ‘between 2020 and 2025’.

. . . .”

We confirm the statements expressed by our President on the plans for the Sual power project.

We will advise the Exchange promptly of any developments in the project as applicable.

Thank you.

Other Relevant Information

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Filed on behalf by:
Name Cecille Arenillo
Designation Compliance Officer