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)
Dec 28, 2017
2. SEC Identification Number
069039274
3. BIR Tax Identification No.
000506020000
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 CityPostal Code1200
8. Issuer's telephone number, including area code
632 8700 100
9. Former name or former address, if changed since last report
Not applicable
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 Shares
4,889,775
Amount of Debt Outstanding
6,862,311
11. Indicate the item numbers reported herein
-
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 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Termination of the Administration Agreement for the Unified Leyte Geothermal Power Plant
Background/Description of the Disclosure
PHINMA Energy Corporation and Power Sector Assets and Liabilities Management Corporation (PSALM) have agreed to mutually terminate the Administration Agreement for the 40 megawatt strip of energy of the Unified Leyte Geothermal Power Plant.
The termination allows the Company to improve its supply costs while maintaining a diversified portfolio. The Company has settled all its obligations with PSALM.
PHINMA Energy Corporation will withdraw the case it filed earlier and no further claims will be pursued.