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)

Jul 17, 2017

2. SEC Identification Number

069039274

3. BIR Tax Identification No.

0005060120

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

02-8700100

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
Manila Standard news article entitled “6 eye Laguna Lake power plants”

Source	manilastandard.net
Subject of News Report	6 eye Laguna Lake power plants
Date of Publication	Jul 16, 2017

Clarification of News Report
We respond to a news article published in the Manila Standard today which states in part: "The Energy Department said it received six proposals from different companies to develop big hydro power projects harnessing Laguna Lake. Energy Department director Mario Marasigan told reporters that Laguna Lake, the country’s largest freshwater lake, could host five projects with a total capacity of 2,000 megawatts. “There are proposals for pumped storage [power projects] using the lake….Right now we have accepted six proposals. That means service contracts applications over Laguna Lake,” Marasigan said. He said the proposals came from local companies such as Phinma Energy Corp. (formerly Trans-Asia Oil and Energy Development Corp.) and Citicore Power. “All of these projects would be pumped storage. They will pump water of the Laguna Lake upward then if they need to generate they will also release the water there,” Marasigan said. He said the proposals were to develop power projects with a capacity of 400 MW to 600 MW each, depending on feasibility studies. These would be located in Tanay and Pililla in Rizal province or towns in Laguna." We confirm that in 2014, PHINMA Energy submitted an application with the Department of Energy to develop a 300-MW pumped storage hydro project in Pililla, Rizal. However, the final decision to invest in the project will depend on favorable results of feasibility studies and the ability to secure the required clearances and permits.
Other Relevant Information
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